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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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