A Company's Cash Flow on Total Assets Ratio Equals 16

question 80

Multiple Choice

A company's cash flow on total assets ratio equals 16%.If average total assets equal $2,937,500 and total cash flows equal $600,000,what is the amount of cash flows from operations?

• A)$18,359,375
• B)$600,000
• C)$470,000
• D)$96,000
• E)$566,000

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