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The Following Information Pertains to Patterson Corporation

question 69

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The following information pertains to Patterson Corporation.Assume that all balance sheet amounts represent both average and ending figures. The following information pertains to Patterson Corporation.Assume that all balance sheet amounts represent both average and ending figures.     Patterson Corporation had 6,000 shares of common stock issued and outstanding.The market price of Patterson common stock on December 31,20x5,was $20.Patterson paid dividends of $0.90 per share during 20x5. What is the return on assets for this corporation? Round your answer to 1 decimal place. A) 5.0 percent B) 10.0 percent C) 11.7 percent D) 26.7 percent The following information pertains to Patterson Corporation.Assume that all balance sheet amounts represent both average and ending figures.     Patterson Corporation had 6,000 shares of common stock issued and outstanding.The market price of Patterson common stock on December 31,20x5,was $20.Patterson paid dividends of $0.90 per share during 20x5. What is the return on assets for this corporation? Round your answer to 1 decimal place. A) 5.0 percent B) 10.0 percent C) 11.7 percent D) 26.7 percent Patterson Corporation had 6,000 shares of common stock issued and outstanding.The market price of Patterson common stock on December 31,20x5,was $20.Patterson paid dividends of $0.90 per share during 20x5.
What is the return on assets for this corporation? Round your answer to 1 decimal place.

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