During the year,Clarendon Corporation had net sales of $500,000,net income of $50,000,average total assets of $700,000,dividend payments of $35,000,net cash flows from operating activities of $86,000,purchases of plant assets of $75,000,and sales of plant assets of $90,000.Cash flows to sales equals (Round amounts to one decimal place)
A) 12.3 percent.
B) 14.3 percent.
C) 21.5 percent.
D) 17.2 percent.

Question

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The Answer of During the year,Clarendon Corporation had net sales of $500,000,net income of $50,000,average total assets of $700,000,dividend payments of $35,000,net cash flows from operating activities of $86,000,purchases of plant assets of $75,000,and sales of plant assets of $90,000.Cash flows to sales equals (Round amounts to one decimal place)
A) 12.3 percent.
B) 14.3 percent.
C) 21.5 percent.
D) 17.2 percent.

During the Year,Clarendon Corporation Had Net Sales of $500,000,net Income