Dadisman Corporation's Most Recent Balance Sheet and Income Statement Appear

question 75

Multiple Choice

Dadisman Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $30 thousand. Dividends on preferred stock totaled $20 thousand. The market price of common stock at the end of Year 2 was $6.75 per share.
-The return on total assets for Year 2 is closest to:

• A) 4.64%
• B) 4.61%
• C) 5.76%
• D) 5.79%

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Definitions:

Workers' Compensation Acts

Laws that provide financial compensation and medical care for workers who are injured or disabled in the course of their employment.

Common Law

A system of law that is based on court judgments and precedents rather than statutory laws.

Injured Employee

Refers to a worker who has suffered a physical or mental harm or injury in the course of employment.

Civil Rights Act

Landmark legislation in the United States passed in 1964 that outlawed discrimination based on race, color, religion, sex, or national origin.