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A company had average total assets of $1,860,000, total cash flows of $1,440,000, cash flows from operations of $235,000, and cash flows from financing of $810,000. The cash flow on total assets ratio equals:_____

a. 43.50%.
b. 22.57%.
c. 11.93%.
d. 12.60%.
e. 77.40%.

Respuesta :

tutordamola

Answer:

The answer is D.

Explanation:

The cash flow on total asset equals

cash flows from operations/average total assets

Cash flow from operations = $235,000

Average total assets =$1,860,000

Therefore, we have;

($235,000/$1,860,000) x 100

= 12.60%.

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