Financial Statements for Oram Company Appear Below: Dividends

question 121

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 current ratio at the end of Year 2 was closest to:

• A) 1.24
• B) 0.37
• C) 1.20
• D) 0.47

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Definitions:

Non-Committal

Reluctance or refusal to make a definite decision or express a definite opinion or plan.

Trait Approach

A perspective in leadership studies focusing on identifying specific qualities and characteristics that are associated with effective leadership.

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Refers to the effectiveness and positive outcomes attained by individuals in leadership positions within organizations.

Position Power

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