During 2010, Heckart Corporation 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 $43,000, purchases of plant assets of $37,500, and sales of plant assets of $45,000 . Cash flows to sales equals (Round amounts to one decimal place)

a. 12.3 percent.
b. 14.3 percent.
c. 21.5 percent.
d. 17.2 percent.


D

Business

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