A company had average total assets of $2,560,000, total cash flows of $1,860,000, cash flows from operations of $340,000, and cash flows from financing of $1,020,000. The cash flow on total assets ratio equals:
A. 13.28%.
B. 39.80%.
C. 12.58%.
D. 72.66%.
E. 23.86%.
Answer: A
You might also like to view...
To avoid double counting P's investment in S, P must eliminate
a. the investment in S and S's separate company shareholders' equity. b. all debt on S's separate company financial statements. c. any dividends paid against the cash account. d. all intercompany transactions. e. all of the above.
In the United States, the basic objective of the market-directed economic system has been to
A. reduce the cost of marketing activities. B. find a reasonable balance between consumer satisfaction and business profits. C. satisfy consumer needs as the consumers themselves see them. D. satisfy consumer needs as seen by marketing managers. E. ensure the survival of business firms.
The law imposes strict liability as a matter of public policy based in part on the assumption that manufacturers can better bear the costs associated with injuries caused by their products
Indicate whether the statement is true or false
Which of the following does not apply to the strategic formulation school of thought?
a. unique people b. unique places c. unique markets d. unique products