During 2010,Heckart Corporation Had Sales of $250,000,net Income of $25,000,average

question 114

Multiple Choice

During 2010,Heckart Corporation had sales of $250,000,net income of $25,000,average total assets of $350,000,dividend payments of $17,500,net cash flows from operating activities of $43,000,purchases of plant assets of $37,500,and sales of plant assets of $45,000.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:

Tablet Markets

The sector or industry dedicated to the manufacturing, distribution, and sale of tablet computers.

Homogeneous Oligopolists

Firms within an oligopoly market structure that offer products or services that are very similar, making them close substitutes for each other.

Pure Monopoly

A market structure where a single firm controls the entire market for a product or service, with no close substitutes.

Kinked-Demand Curve

A demand curve that has a distinct bend or "kink" at a certain price level, often used to describe price stability in oligopolistic markets.