Multiple Choice
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%
Correct Answer:

Verified
Correct Answer:
Verified
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