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%.

---

Definitions:

General Power of Attorney

A legal document that grants broad authorizations to a person to act on another's behalf in a wide range of legal and financial issues.

Principal

The primary party involved in a transaction or agreement, especially in finance, law, or education, or the amount of money on which interest is paid or received.

All Business

The term "all business" generally implies a focus on practical and effective actions, often with a serious or determined approach to work or tasks.

Conduct

Refers to the manner in which a person behaves, especially in a particular place or situation, or the execution of an action.