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Financial Statements for Harwich Company for the Most Recent Year

Question 162

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Financial statements for Harwich Company for the most recent year appear below: Financial statements for Harwich Company for the most recent year appear below: The balances in the Cash, Accounts Receivable, Inventory, Bonds Payable, Common Stock, and Additional Paid-In Capital accounts are unchanged from the beginning of the year. A $0.75 per share dividend was declared and paid during the year. On December 31, Harwich Company's common stock was trading at $24.00 per share. -Harwich Company's debt-to-equity ratio at the end of the year was closest to: A) 0.33 B) 0.50 C) 0.67 D) 1.00 Financial statements for Harwich Company for the most recent year appear below: The balances in the Cash, Accounts Receivable, Inventory, Bonds Payable, Common Stock, and Additional Paid-In Capital accounts are unchanged from the beginning of the year. A $0.75 per share dividend was declared and paid during the year. On December 31, Harwich Company's common stock was trading at $24.00 per share. -Harwich Company's debt-to-equity ratio at the end of the year was closest to: A) 0.33 B) 0.50 C) 0.67 D) 1.00 The balances in the Cash, Accounts Receivable, Inventory, Bonds Payable, Common Stock, and Additional Paid-In Capital accounts are unchanged from the beginning of the year. A $0.75 per share dividend was declared and paid during the year. On December 31, Harwich Company's common stock was trading at $24.00 per share.
-Harwich Company's debt-to-equity ratio at the end of the year was closest to:


A) 0.33
B) 0.50
C) 0.67
D) 1.00

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