A Company Had Net Cash Flows from Operations of $341,000,net

question 173

Multiple Choice

A company had net cash flows from operations of $341,000,net income of $286,000 and average total assets of $1,850,000.The cash flow on total assets ratio equals:

• A)83.9%
• B)542.5%
• C)15.5%
• D)18.4%
• E)646.9%

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Definitions:

Sales Calls

The act of contacting potential customers directly, typically over the phone or in person, to promote and sell products or services.

Product

An item or service created through a process and offered to the market to satisfy a need or want.

Prospecting Methods

Various strategies used to identify potential customers or clients who might be interested in a company's products or services.

Social Media Platforms

Online platforms that enable users to create and share content or participate in social networking, such as Facebook, Twitter, and Instagram.