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Randstad, Inc. Information from the financial statements is provided below: 2020 2019 $150,000 $120,000 15,000 15,000 Net income Cash dividends paid on preferred stock Cash

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Randstad, Inc. Information from the financial statements is provided below: 2020 2019 $150,000 $120,000 15,000 15,000 Net income Cash dividends paid on preferred stock Cash dividends paid on common stock Average number of preferred shares outstanding Average number of common shares outstanding Market price per share of common stock at year-end 42,000 38,000 20,000 20,000 105,000 95,000 25.10 22.70 Refer to Randstad, Inc. The dividend yield ratio for 2020 is a. 1.8%. b. 2.6%. c. 1.6% d. 3.0%

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