Paneer Asphalt Materials pays a constant annual dividend of $1.26 per share on its stock. Last year at this time, the market rate of return on this stock was 14.9 percent. Today, the market rate has fallen to 12.5 percent. What would your capital gains yield have been if you had purchased this stock one year ago and then sold the stock today

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.