Multiple Choice
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 average sale period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
A) 226.5 days
B) 60.1 days
C) 40.0 days
D) 64.4 days
Correct Answer:
Verified
Correct Answer:
Verified
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