A company had average total assets of $3,216,000, total cash flows of $1,320,000, cash flows from operations of $554,000, and cash flows for plant assets of $850,000. The cash flow on total assets ratio equals:
A. 41.97%.
B. 41.04%.
C. 64.39%.
D. 17.23%.
E. 26.43%.
Answer: D
You might also like to view...
While training expatriates, trainers are expected to be authoritarian and controlling of the session in cultures low in power distance.
Answer the following statement true (T) or false (F)
Time order is also referred to as ______ order.
Fill in the blank(s) with the appropriate word(s).
Bill is injured when his new motorcycle speeds out of control because of a defective part. In most jurisdictions, Bill
a. can sue the motorcycle manufacturer even though he does not have privity. b. cannot sue the motorcycle manufacturer because his injuries are personal injuries as opposed to economic loss. c. cannot sue the motorcycle manufacturer because the law requires arbitration. d. cannot sue the motorcycle manufacturer because there is no privity of contract.
Fiduciary funds use the current financial resource measurement focus.
Answer the following statement true (T) or false (F)