Financial Statements for Oram Company Appear Below: Dividends

question 135

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%

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Definitions:

Positive or Negative

Terms that indicate the presence or absence of a trait, condition, or result, also can reflect desirable or undesirable qualities.

Unethical

Actions or behaviors that violate moral principles or professional standards.

Placebo

A substance with no therapeutic effect, used as a control in testing new drugs, or to trigger a psychological benefit in the patient.

Control Group

In an experiment, the group that experiences all aspects of the experiment, including assessments, in a manner identical to the experimental group, except for the manipulation of the independent variable.