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

question 83

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

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Definitions:

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The National Association of Legal Assistants, a professional organization for paralegals in the United States.

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An organization focused on creating codes and standards for fire safety and prevention; also known as the National Fire Protection Association.

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The American Association for Paralegal Education, a national organization representing paralegal educators and programs.

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A qualification indicating a higher level of expertise in paralegal studies, usually obtained through further education and testing.