During 2009, 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 $45,000, 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) 12.9 percent.
B) 15.0 percent.
C) 22.5 percent.
D) 18.0 percent.

Question

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The Answer of During 2009, 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 $45,000, 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) 12.9 percent.
B) 15.0 percent.
C) 22.5 percent.
D) 18.0 percent.

During 2009, Heckart Corporation Had Sales of $250,000, Net Income