Question
A company had average total assets of $2,960,000, total cash flows of $2,100,000, cash flows from operations of $400,000, and cash flows from financing of
A company had average total assets of $2,960,000, total cash flows of $2,100,000, cash flows from operations of $400,000, and cash flows from financing of $1,140,000. The cash flow on total assets ratio equals:
Multiple Choice
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A 12.81%.
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B 70.90%.
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C 13.50%.
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D 38.50%.
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E24.33%
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Management Accounting For Business
Authors: Colin Drury, Mike Tayles
8th Edition
1473778808, 978-1473778801
