Multiple Choice
If net cash flows from operating activities were $388,000,net income were $100,000,and net sales were $1,200,000,the cash flow yield would equal (Round amounts to two decimal places)
A) $288,000.
B) $812,000.
C) 3.88 times.
D) 3.09 times.
Correct Answer:
Verified
Correct Answer:
Verified
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