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

question 121

Multiple Choice

A company had net cash flows from operations of $120,000,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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