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

Question 145

Multiple Choice

Excerpts from Stys Corporation's most recent balance sheet and income statement appear below: Excerpts from Stys Corporation's most recent balance sheet and income statement appear below:   Dividends on common stock during Year 2 totaled $50 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $8.20 per share. -The return on total assets for Year 2 is closest to: A)  8.15% B)  9.60% C)  9.67% D)  8.21% Dividends on common stock during Year 2 totaled $50 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $8.20 per share.
-The return on total assets for Year 2 is closest to:


A) 8.15%
B) 9.60%
C) 9.67%
D) 8.21%

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