A Company Had Net Cash Flows from Operations of $120,000

question 148

Multiple Choice

A company had net cash flows from operations of $120,000, cash flows from financing of $330,000, total cash flows of $500,000, and average total assets of $2,500,000. The cash flow on total assets ratio equals:

• A) 4.8%.
• B) 5.0%.
• C) 20.0%.
• D) 20.8%.
• E) 24.0%.

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