During the Year,Clarendon Corporation Had Net Sales of $500,000,net Income

question 35

Multiple Choice

During the year,Clarendon Corporation had net sales of $500,000,net income of $50,000,average total assets of $700,000,dividend payments of $35,000,net cash flows from operating activities of $86,000,purchases of plant assets of $75,000,and sales of plant assets of $90,000.Cash flows to sales equals (Round amounts to one decimal place)

• A) 12.3 percent.
• B) 14.3 percent.
• C) 21.5 percent.
• D) 17.2 percent.

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Definitions:

Leadership Emergence

The process by which individuals become recognized by a group as leaders, often based on qualities such as charisma, communication skills, and problem-solving abilities.

Coerce

To persuade an unwilling person to do something by using force or threats.

Common Goal

A shared target or aim that a group works together to achieve.

Ethically

In a manner that aligns with moral principles, including fairness, justice, and respect for individuals and communities.