If Net Cash Flows from Operating Activities Were $388,000,net Income

question 57

Multiple Choice

If net cash flows from operating activities were $388,000,net income were $100,000,and net sales were $1,200,000,the cash flow yield would equal (Round amounts to two decimal places)

• A)$288,000.
• B)$812,000.
• C)3.88 times.
• D)3.09 times.

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