Multiple Choice
Financial statements for Larkins Company appear below:
Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.
-Larkins Company's return on total assets for Year 2 was closest to:
A) 13.6%
B) 16.0%
C) 15.3%
D) 17.0%
Correct Answer:

Verified
Correct Answer:
Verified
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