Multiple Choice
Financial statements for Oram Company appear below:
Dividends during Year 2 totaled $161 thousand, of which $10 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $610.
-Oram Company's return on total assets for Year 2 was closest to:
A) 12.1%
B) 13.3%
C) 14.6%
D) 13.9%
Correct Answer:

Verified
Correct Answer:
Verified
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