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A Company Had Average Total Assets of $1,760,000, Total Cash

Question 79

Multiple Choice

A company had average total assets of $1,760,000, total cash flows of $1,320,000, cash flows from operations of $205,000, and cash flows from financing of $850,000. The cash flow on total assets ratio equals:


A) 1.33%.
B) 8.58%.
C) 11.65%.
D) 15.5%.
E) 75%.

Correct Answer:

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