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Kearin Corporation Has Provided the Following Financial Data: Dividends

Question 173

Multiple Choice

Kearin Corporation has provided the following financial data: Kearin Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $8,000. The market price of common stock at the end of Year 2 was $2.02 per share.The company's net profit margin percentage for Year 2 is closest to: A) 3.9% B) 38.5% C) 2.5% D) 1.6% Dividends on common stock during Year 2 totaled $8,000. The market price of common stock at the end of Year 2 was $2.02 per share.The company's net profit margin percentage for Year 2 is closest to:


A) 3.9%
B) 38.5%
C) 2.5%
D) 1.6%

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