Business, 26.07.2019 03:20 deniseelyons15

Kovack corporation's net operating income in year 2 was $66,571, net income before taxes was $46,571, and the net income was $32,600. total common stock was $120,000 at the end of both year 2 and year 1. the par value of common stock is $2 per share. the company's total stockholders' equity at the end of year 2 amounted to $962,000 and at the end of year 1 to $930,000. the company declared and paid $600 dividends on common stock. the market price per share was $4.37. the company's dividend yield ratio for year 2 is closest to:

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Kovack corporation's net operating income in year 2 was $66,571, net income before taxes was $46,571...