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If Net Cash Flows from Operating Activities Were $296,000,net Income

Question 145

Multiple Choice

If net cash flows from operating activities were $296,000,net income were $200,000,and sales were $2,000,000,cash flows to sales would equal (Round amounts to one decimal place)


A) 10.0 percent.
B) $96,000.
C) 14.8 percent.
D) 0.7 times.

Correct Answer:

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