The Balance Sheet of Sound Designs Reports Total Assets of $750,000

question 122

Multiple Choice

The balance sheet of Sound Designs reports total assets of $750,000 and $800,000 at the beginning and end of the year,respectively.Sales revenues are $1.5 million ($1.2 million in the previous year) ,net income is $150,000,and net cash flows from operating activities are $175,000.What is Sound Designs' cash flow to sales?

• A)22.6%.
• B)11.7%.
• C)14.6%.
• D)13.0%.

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Definitions:

Designed Studies

Research studies carefully planned to investigate specific hypotheses or questions, using systematic methods.

Spontaneous Improvement

A phenomenon where an individual experiences a natural recovery or enhancement in condition or performance without intentional intervention.

Placebo Effect

A phenomenon where a person's condition improves due to their belief in the effectiveness of an inert treatment.

Preexisting Differences

Differences that exist among individuals before an experimental or observational study begins, potentially influencing the study's outcome.