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A Company's Cash Flow on Total Assets Ratio Equals 16

Question 80

Multiple Choice

A company's cash flow on total assets ratio equals 16%.If average total assets equal $2,937,500 and total cash flows equal $600,000,what is the amount of cash flows from operations?


A) $18,359,375
B) $600,000
C) $470,000
D) $96,000
E) $566,000

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