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anthonyaooo anthonyaooo
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8 months ago

Cameron Corporation had 50,000 shares of common stock issued and outstanding that it originally issued for $40 per share. The following information pertains to these shares:

Book value at end of current year$ 70
Market value, beginning of current year$ 85
Market value, end of current year$ 90

The total dividend on common stock for the year was $400,000. Cameron Corporation's dividend yield ratio for the year was:



▸ 20.00%

▸ 11.43%

▸ 9.41%

▸ 8.89%
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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twogat123twogat123
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You make an excellent tutor!
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