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Excerpts from Goodrow Corporation's Most Recent Balance Sheet and Income

Question 192

Multiple Choice

Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below: Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share. -The return on total assets for Year 2 is closest to: A) 5.74% B) 7.46% C) 7.40% D) 5.79% Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share. -The return on total assets for Year 2 is closest to: A) 5.74% B) 7.46% C) 7.40% D) 5.79% Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share.
-The return on total assets for Year 2 is closest to:


A) 5.74%
B) 7.46%
C) 7.40%
D) 5.79%

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