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Financial Statements for Orange Company Appear Below: Dividends

Question 18

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Financial statements for Orange Company appear below: Financial statements for Orange Company appear below: Dividends during Year 2 totaled $156 thousand, of which $18 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $100. -Orange Company's return on total assets for Year 2 was closest to: A) 15.5% B) 15.9% C) 16.5% D) 14.5% Financial statements for Orange Company appear below: Dividends during Year 2 totaled $156 thousand, of which $18 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $100. -Orange Company's return on total assets for Year 2 was closest to: A) 15.5% B) 15.9% C) 16.5% D) 14.5% Dividends during Year 2 totaled $156 thousand, of which $18 thousand were preferred dividends.
The market price of a share of common stock on December 31, Year 2 was $100.

-Orange Company's return on total assets for Year 2 was closest to:


A) 15.5%
B) 15.9%
C) 16.5%
D) 14.5%

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