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Financial Statements for Oratz Company Appear Below

Question 54

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Financial statements for Oratz Company appear below:
Financial statements for Oratz Company appear below:          Total dividends during Year 2 were $139,000, of which $6,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $260. -Oratz Company's return on total assets for Year 2 was closest to which of the following? A)  8.9%. B)  10.0%. C)  10.5%. D)  11.1%.

Financial statements for Oratz Company appear below:          Total dividends during Year 2 were $139,000, of which $6,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $260. -Oratz Company's return on total assets for Year 2 was closest to which of the following? A)  8.9%. B)  10.0%. C)  10.5%. D)  11.1%.

Financial statements for Oratz Company appear below:          Total dividends during Year 2 were $139,000, of which $6,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $260. -Oratz Company's return on total assets for Year 2 was closest to which of the following? A)  8.9%. B)  10.0%. C)  10.5%. D)  11.1%.

Total dividends during Year 2 were $139,000, of which $6,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $260.
-Oratz Company's return on total assets for Year 2 was closest to which of the following?


A) 8.9%.
B) 10.0%.
C) 10.5%.
D) 11.1%.

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