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Kearin Corporation Has Provided the Following Financial Data

Question 23

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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 equity for Year 2 is closest to: A) 71.44% B) 4.72% C) 2.97% D) 1.93% 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 equity for Year 2 is closest to: A) 71.44% B) 4.72% C) 2.97% D) 1.93% 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 equity for Year 2 is closest to:


A) 71.44%
B) 4.72%
C) 2.97%
D) 1.93%

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