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Financial Statements for Orange Company Appear Below: Dividends

Question 4

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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 current ratio at the end of Year 2 was closest to: A) 1.24 B) 0.55 C) 0.44 D) 1.71 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 current ratio at the end of Year 2 was closest to: A) 1.24 B) 0.55 C) 0.44 D) 1.71 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 current ratio at the end of Year 2 was closest to:


A) 1.24
B) 0.55
C) 0.44
D) 1.71

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