A Company Had Average Total Assets of $1,760,000, Total Cash

question 79

Multiple Choice

A company had average total assets of $1,760,000, total cash flows of $1,320,000, cash flows from operations of $205,000, and cash flows from financing of $850,000. The cash flow on total assets ratio equals:

• A) 1.33%.
• B) 8.58%.
• C) 11.65%.
• D) 15.5%.
• E) 75%.

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