Solved

Kearin Corporation Has Provided the Following Financial Data: Dividends

Question 23

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 return on total assets for Year 2 is closest to: A)  1.38% B)  2.18% C)  1.37% D)  2.19% 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 return on total assets for Year 2 is closest to:


A) 1.38%
B) 2.18%
C) 1.37%
D) 2.19%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions