the company's dividend yield ratio for year two is closest to:

Ch. 12, 13 & 15) i Saved Leflore Corporation has provided the following data: Year 2 Year 1 Common stock, $5 par value $ 500,000 $ 500, 000 Total stockholders equity $1 , 016 , 000 $1, 010 , 000 :23 Net operating income 35 , 143 Net income before taxes $ 17, 143 Net income S 12 , 000 Dividends on common stock during Year 2 totaled $6,000. The market price of common stock at the end of Year 2 was $1.38 per share. The company's dividend yield ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice