The Balance Sheet of Computer World Reports Total Assets of $350,000

question 35

Multiple Choice

The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year,respectively.Sales revenues are $800,000,net income is $100,000,and net cash flows from operating activities are $150,000.What is Computer World's cash flow to sales?

• A) 15.6%.
• B) 25.0%.
• C) 18.8%.
• D) 37.5%.

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Definitions:

Server

A computer that provides resources to other computers on a network.

Dynamic Addressing

A way of assigning Internet protocol addresses where a computer is assigned a temporary address from an available pool of addresses.

IP Addresses

Unique numerical labels assigned to devices on a network, facilitating their identification and communication over the Internet Protocol.

Computer

A data-processing device that gathers, processes, outputs, and stores data and information.