A Company Had Average Total Assets of $1,660,000, Total Cash

question 92

Multiple Choice

A company had average total assets of $1,660,000, total cash flows of $1,320,000, cash flows from operations of $205,000, and cash flows from financing of $750,000. The cash flow on total assets ratio equals:

• A) 22.0%.
• B) 79.5%.
• C) 11.65%.
• D) 12.3%.
• E) 45.2%.

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Definitions:

Genre Scene

Artistic depictions of scenes or events from everyday life, rather than historical, religious, or mythological themes.

Judith Leyster

A 17th-century Dutch painter known for her genre scenes, portraits, and lively treatments of everyday life.

Artist's Smock

A loose overgarment or coat worn by artists to protect their clothing from paint or other art materials during the process of creating artworks.

Elegantly Attired

Dressed in a fashionably attractive and stylish manner.