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Kearin Corporation Has Provided the Following Financial Data

Question 67

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

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