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A company had average total assets of $3,460,000, total cash flows of $2,400,000, cash flows from operations of $475,000, and cash flows from financing of

A company had average total assets of $3,460,000, total cash flows of $2,400,000, cash flows from operations of $475,000, and cash flows from financing of $1,290,000. The cash flow on total assets ratio equals:

Multiple Choice

A)37.30%.

B)24.76%.

C)13.03%.

D)13.73%.

E)69.36%.

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