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Fayer Corporation Has Provided the Following Financial Data: Dividends

Question 20

Multiple Choice

Fayer Corporation has provided the following financial data: Fayer Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $4,500. The market price of common stock at the end of Year 2 was $10.88 per share.The company's debt-to-equity ratio at the end of Year 2 is closest to: A) 0.22 B) 0.27 C) 0.45 D) 0.19 Dividends on common stock during Year 2 totaled $4,500. The market price of common stock at the end of Year 2 was $10.88 per share.The company's debt-to-equity ratio at the end of Year 2 is closest to:


A) 0.22
B) 0.27
C) 0.45
D) 0.19

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