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The following information was extracted from the records of Cascade Company at the end of the fiscal year after all adjusting entries were completed: Net

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The following information was extracted from the records of Cascade Company at the end of the fiscal year after all adjusting entries were completed: Net income for the year was $98,500. The stock price is currently $15 per share. Required: 1. Prepare the stockholders' equity section of the balance sheet at the end of the fiscal year. 2. Compute the dividend yield ratio. Determine the number of shares of stock that received dividends. Complete this question by entering your answers in the tabs below. Compute the dividend yield ratio. betermine the number of shares of stock that recelved dividends. (Round Dividend yield ratio to 2 decimal places.)

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