During 20x5, Oates Company had sales of $250,000, net income of $25,000, average total assets of $350,000,
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During 20x5, Oates Company 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$26,000, purchases of plant assets of $37,500, and sales of plant assets of $45,000. Cashflow yield equals (Round amounts to one decimal place)
A.1.5 times.
B.1.0 times.
C.2.1 times.
D.1.3 times.
Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Posted Date: