Multiple Choice
A company had net cash flows from operations of $120,000,total cash flows of $500,000,and average total assets of $2,500,000.The cash flow on total assets ratio equals:
A) 4.8%
B) 5.0%
C) 20.0%
D) 20.8%
E) 24.0%
Correct Answer:
Verified
Correct Answer:
Verified
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