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Settles Corporation Has Provided the Following Financial Data

Question 133

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Settles Corporation has provided the following financial data: Settles Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share. The company's return on total assets for Year 2 is closest to: A) 2.75% B) 1.64% C) 1.65% D) 2.76% Settles Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share. The company's return on total assets for Year 2 is closest to: A) 2.75% B) 1.64% C) 1.65% D) 2.76% Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share. The company's return on total assets for Year 2 is closest to:


A) 2.75%
B) 1.64%
C) 1.65%
D) 2.76%

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