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65) Kearin Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $8,000. The market price of common stock at
65) Kearin Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $8,000. The market price of common stock at the end of Year 2 was $2.02 per share. The company's net profit margin percentage for Year 2 is closest to:
a) | 3.9% | |
b) | 38.5% | |
c) | 2.5% | |
d) | 1.6% |
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