A company had average total assets of $1,760,000 total cash flows of $1,320,000, cash flows from operation

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A company had average total assets of $1,760,000 total cash flows of $1,320,000, cash flows from operation of $205,000, and cash flows from financing of $850,000. The cash flow on total assets ratio equals:

A. 1.33%.

B. 8.58%

C. 11.65%.

D. 15.5%.

E. 75%

Related Book For answer-question

Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Posted Date: Aug 16, 2018 04:20 AM

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A company had average total assets of $1,760,000 total cash flows of $1,320,000, cash flows from operation

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Fundamental Accounting Principles

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