accounting questions

16-5 What is meant by the dividend yield on a common stock investment? 16-6 What is meant by the term financial leverage? 6-7 The president of a plastics company was quoted in a business journal as stating. "We haven't had a dollar of interest-paying debt in over 10 years. Not many companies can say that. " As a stockholder in this company, how would you feel about its policy of not taking on debt? 6-8 If a stock's market value exceeds its book value, then the stock is overpriced. Do you agree? Explain. 16-9 A company seeking a line of credit at a bank was turned down. Among other things, the bank stated that the company's 2 to 1 current ratio was not adequate. Give reasons why a 2 to 1 current ratio might not be adequate