Fayer Corporation Has Provided the Following Financial Data

question 91

Multiple Choice

Fayer Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $4,500. The market price of common stock at the end of Year 2 was $10.88 per share. The company's debt-to-equity ratio at the end of Year 2 is closest to:

• A)0.22
• B)0.27
• C)0.45
• D)0.19

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Definitions:

Screening

The process of conducting tests or evaluations on a person or group to detect an undiagnosed disease or condition at an early stage.

Triage

The process of determining the priority of patients' treatments based on the severity of their condition, used in emergencies and disasters to maximize the number of survivors.

Emergent

Arising suddenly and unexpectedly.

Beneficial

Producing good results or having a positive effect on someone or something.