14. Financial Statement Analysis
Ratios: Dividend Yield Ratio
Multiple Choice
Multiple ChoiceABC Company's common stock currently has a market price of $20, while total stockholders' equity has a book value of $600,000 (60,000 shares outstanding). During the current year, ABC Company maintained a dividend yield ratio of 8%. What was the total amount of dividends paid to common stockholders?
A
$24,000
B
$48,000
C
$72,000
D
$96,000
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