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Dahn Corporation Has Provided the Following Financial Data: Dividends

Question 39

Multiple Choice

Dahn Corporation has provided the following financial data: Dahn Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $1,600. The market price of common stock at the end of Year 2 was $2.37 per share. The company's accounts receivable turnover for Year 2 is closest to: A) 0.97 B) 10.38 C) 1.03 D) 10.22 Dividends on common stock during Year 2 totaled $1,600. The market price of common stock at the end of Year 2 was $2.37 per share. The company's accounts receivable turnover for Year 2 is closest to:


A) 0.97
B) 10.38
C) 1.03
D) 10.22

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