In 2014, Konstan Corporation earned $3.30 per share and paid a dividend of $1.65 per share. At year-end, the price of its stock was $33 per share. Calculate the dividend yield and the price/earnings ratio.
Answer to relevant QuestionsThe accounts and balances that follow are from Hastings Corporation’s records on December 31, 2014. Preferred Stock, $100 par value, 9 percent cumulative, 10,000 shares authorized, 6,000 shares issued and ...On July 1, 2014, Jones Corporation, a new corporation, issued 40,000 shares of its common stock to finance a corporate headquarters building. The building has a fair market value of $1,200,000 and a book value of $800,000. ...On January 15, 2014, Agard International’s board of directors declared a 3-for-1 stock split of its $12 per value common stock, of which 1,600,000 shares were authorized and 400,000 were issued and outstanding. The market ...Rolex Company was involved in the following treasury stock transactions during 2014:a. Purchased 80,000 shares of its $1 par value common stock on the market for $2.50 per share.b. Purchased 16,000 shares of its $1 par value ...On December 31, 2014, the stockholders’ equity section of Torez Corporation’s balance sheet appeared as follows. Contributed capital:Common stock, $8 par value, 800,000 shares authorized, 240,000 shares ...
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