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  3. a company had average total assets of $2,960,000,

A company had average total assets of $2,960,000, total cash flows of $2,100,000, cash flows...

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Accounting

A company had average total assets of $2,960,000, total cash flows of $2,100,000, cash flows from operations of $400,000, and cash flows from financing of $1,140,000. The cash flow on total assets ratio equals:

Multiple Choice

  • A 12.81%.

  • B 70.90%.

  • C 13.50%.

  • D 38.50%.

  • E24.33%

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