During 2010,Heckart Corporation had sales of $250,000,net income of $25,000,average total assets of $350,000,dividend payments of $17,500,net cash flows from operating activities of $43,000,purchases of plant assets of $37,500,and sales of plant assets of $45,000.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.
Correct Answer:
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