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 current ratio at the end of Year 2 was closest to:
A) 1.24
B) 0.37
C) 1.20
D) 0.47
Correct Answer:

Verified
Correct Answer:
Verified
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