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A Company Had Average Total Assets of $3,216,000, Total Cash

Question 87

Multiple Choice

A company had average total assets of $3,216,000, total cash flows of $1,320,000, cash flows from operations of $554,000, and cash flows for plant assets of $850,000. The cash flow on total assets ratio equals:


A) 17.23%.
B) 64.39%.
C) 41.04%.
D) 41.97%.
E) 26.43%.

Correct Answer:

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