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Kearin Corporation Has Provided the Following Financial Data

Question 153

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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 gross margin percentage for Year 2 is closest to: A) 62.5% B) 4.2% C) 38.5% D) 2381.0% 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 gross margin percentage for Year 2 is closest to: A) 62.5% B) 4.2% C) 38.5% D) 2381.0% 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 gross margin percentage for Year 2 is closest to:


A) 62.5%
B) 4.2%
C) 38.5%
D) 2381.0%

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