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Use the Following Information for the First Year of Operations

Question 45

Multiple Choice

Use the following information for the first year of operations for Layton Novelties,Inc.to answer the following question.Use ending balances whenever average balances are required for computing ratios. Use the following information for the first year of operations for Layton Novelties,Inc.to answer the following question.Use ending balances whenever average balances are required for computing ratios. Cash flow from operating expenses for Layton Novelties is $32,400. The cash flow yield for Layton Novelties is A) 1.5 times. B) .67 times C) .405 times. D) 2.5 times. Use the following information for the first year of operations for Layton Novelties,Inc.to answer the following question.Use ending balances whenever average balances are required for computing ratios. Cash flow from operating expenses for Layton Novelties is $32,400. The cash flow yield for Layton Novelties is A) 1.5 times. B) .67 times C) .405 times. D) 2.5 times. Cash flow from operating expenses for Layton Novelties is $32,400.
The cash flow yield for Layton Novelties is


A) 1.5 times.
B) .67 times
C) .405 times.
D) 2.5 times.

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