The market price for Microsoft Corporation closed at $55.48 and $46.45 on December 31, current year, and
Question:
a. Determine the dividend yield for Microsoft on December 31, current year, and previous year. Round percentages to two decimal places.
b. Interpret these measures.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Step by Step Answer:
a Current Dividend Yield 124 5548 224 Previous Dividend Yield 112 4645 241 b Dividends per share ...View the full answer
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Related Book For 
Accounting
ISBN: 978-1337899451
27th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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