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Macmillan Corporation Has Provided the Following Financial Data

Question 289

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Macmillan Corporation has provided the following financial data:
Macmillan Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $7,200. The market price of common stock at the end of Year 2 was $3.69 per share. -The company's current ratio at the end of Year 2 is closest to: A) 0.83 B) 1.96 C) 0.45 D) 0.37 Macmillan Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $7,200. The market price of common stock at the end of Year 2 was $3.69 per share. -The company's current ratio at the end of Year 2 is closest to: A) 0.83 B) 1.96 C) 0.45 D) 0.37 Dividends on common stock during Year 2 totaled $7,200. The market price of common stock at the end of Year 2 was $3.69 per share.
-The company's current ratio at the end of Year 2 is closest to:


A) 0.83
B) 1.96
C) 0.45
D) 0.37

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