Multiple Choice
A company had net cash flows from operations of $120,000, cash flows from financing of $330,000, 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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