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Mansell Reported Net Income of $233

Question 160

Essay

Mansell reported net income of $233.4 million, net cash provided by operating activities of $131.4 million, total cash flows of $187.7 million, and average total assets of $2,040.8 million at the end of the year. Calculate the cash flow on total assets ratio for Mansell.

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$131.4/$2,...

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