Financial statements for Oratz Company appear below:

Total dividends during Year 2 were $139,000, of which $6,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $260.
-Oratz Company's return on total assets for Year 2 was closest to which of the following?

Question

Financial statements for Oratz Company appear below:

Total dividends during Year 2 were $139,000, of which $6,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $260.
-Oratz Company's return on total assets for Year 2 was closest to which of the following?

Quizplus · Accepted Answer

The Answer of Financial statements for Oratz Company appear below:

Total dividends during Year 2 were $139,000, of which $6,000 were preferred dividends. The market price of a common share on December 31, Year 2 was $260.
-Oratz Company's return on total assets for Year 2 was closest to which of the following?

Financial Statements for Oratz Company Appear Below