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A company had net cash flows from operations of $121,000, cash flows from financing of $332.000, total cash flows of $503,000, and average total assets
A company had net cash flows from operations of $121,000, cash flows from financing of $332.000, total cash flows of $503,000, and average total assets of $2,560,000. The cash flow on total assets ratio equals 4.7% 4.9%. 19.6%. 20.3%. 24% 8. A company's Inventory balance at 12/31/16 was $202,400 and $216,000 at 12/31/15. Its Accounts Payable balance at 12/31/16 was $100,000 and $94,400 at 12/3/15, and its cost of goods sold for 2016 was $736,000 The company's total amount of cash payments for merchandise in 2016 equals: $728,000 O $755.200 O $744,000. O $716,800 $736.000. A company's income statement showed the following: net income, $119,000, depreciation expense, $32,500 and gain on sale of plant assets, $6,500. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreasecd $9,900; merchandise inventory increased $20,500; prepaid expenses increased $6,700; accounts payable increased $3,900. Calculate the net cash provided or used by operating activities O $149,800 $143,000. O $171000. O $131600 O $145.000
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