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He following information pertains to diane company. assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. assets cash and short-term investments $30,000 accounts receivable (net) 20,000 inventory 15,000 property, plant, and equipment 185,000 total assets $250,000 liabilities and stockholders' equity current liabilities $45,000 long-term liabilities 70,000 stockholders' equity—common 135,000 total liabilities and stockholders' equity $250,000 income statement sales $85,000 cost of goods sold 45,000 gross margin $40,000 operating expenses (15,000) interest expense (5,000) net income $20,000 number of shares of common stock outstanding 6,000 market price of common stock $20 total dividends paid $9,000 cash provided by operations $30,000 what is the dividend yield for diane company?
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