Dividend yield At the market close on March 28 of a recent year, McDonald’s Corporation had a closing stock price of $99.69. In addition, McDonald’s Corporation had a dividend per

Dividend yield
At the market close on March 28 of a recent year, McDonald’s Corporation had a closing stock price of $99.69. In addition, McDonald’s Corporation had a dividend per share of $2.87 during the previous year.
Determine McDonald’s Corporation’s dividend yield. (Round to one decimal place.)

Balance sheet presentation of available-for-sale investments During Year 2, Copernicus Corporation held a portfolio of available-for-sale securities having a cost of $185,000. There were no purchases or sales of investments

Balance sheet presentation of available-for-sale investments
During Year 2, Copernicus Corporation held a portfolio of available-for-sale securities having a cost of $185,000. There were no purchases or sales of investments during the year. The market values at the beginning and end of the year were $225,000 and $160,000, respectively. The net income for Year 2 was $180,000, and no dividends were paid during the year. The Stockholders’ Equity section of the balance sheet was as follows on December 31, Year 1:
Prepare the Stockholders’ Equity section of the balance sheet for December 31, Year 2.

Balance sheet presentation of available-for-sale investments During Year 1, its first year of operations, Galileo Company purchased two available-forsale investments as follows: Assume that as of December 31, Year

Balance sheet presentation of available-for-sale investments
During Year 1, its first year of operations, Galileo Company purchased two available-forsale investments as follows:
Assume that as of December 31, Year 1, the Hawking Inc. stock had a market value of $50 per share and the Pavlov Co. stock had a market value of $24 per share. Galileo Company had net income of $300,000 and paid no dividends for the year ended December 31, Year 1. All of the available-for-sale investments are classified as current assets.
a. Prepare the Current Assets section of the balance sheet presentation for the availablefor- sale investments.
b. Prepare the Stockholders’ Equity section of the balance sheet to reflect the earnings and unrealized gain (loss) for the available-for-sale investments.