A company had average total assets of $1,660,000, total cash flows of $1,320,000, cash flows from operations of $205,000, and cash flows from financing of $750,000. The cash flow on total assets ratio equals:
A) 22.0%.
B) 79.5%.
C) 11.65%.
D) 12.3%.
E) 45.2%.
Correct Answer:
Verified
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