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%.
Correct Answer:
Verified
Correct Answer:
Verified
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