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the dividend yield 2022 accounting TB MC Qu. 11-49 The following information was available The following information was available for the year ended December 31,
the dividend yield 2022
accounting
TB MC Qu. 11-49 The following information was available The following information was available for the year ended December 31, Net income Average total assets Dividends per share Earnings per share Market price per share at year-end $50,000 600,000 1.40 5.00 70.00 The dividend yield for 2022 was: Multiple Choice The following information was available for the year ended December 31, 2022 . Earnings before interest and taxes (operating income) Interest expense Net income $69,00013,08038,000 Required: Calculate the times interest earned for the year ended December 31, 2022. Note: Round your answer to 2 decimal places. Times interest earned timesStep by Step Solution
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