A Company Had Average Total Assets of $2,316,000,total Cash Flows

question 94

Multiple Choice

A company had average total assets of $2,316,000,total cash flows of $1,320,000,cash flows from operations of $455,000,and cash flows for plant assets of $850,000.The cash flow on total assets ratio equals:

• A)17.33%.
• B)20.97%.
• C)53.53%.
• D)34.47%.
• E)19.65%.

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