Solved

A Company Had Average Total Assets of $2,316,000, Total Cash

Question 37

Multiple Choice

A company had average total assets of $2,316,000, total cash flows of $1,320,000, cash flows from operations of $455,000, and cash flows for property, plant and equipment of $850,000. The cash flow on total assets ratio equals:


A) 17.33%.
B) 20.97%.
C) 53.53%.
D) 34.47%.
E) 19.65%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q32: Beewell's net income for the year ended

Q35: The cash flow on total assets ratio:<br>A)

Q36: Use the following company information to prepare

Q38: Analysis reveals that a company had a

Q38: Information to prepare the statement of cash

Q40: Which of the following items can be

Q41: Castine reports tax-exampt income of $305,000 for

Q42: Noncash investing and financing activities may be

Q222: To be classified as a cash equivalent,

Q225: Define the cash flow on total assets