A company had average total assets of 3216000 total cash, Ask an Expert

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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. 41.04%.

B. 41.97%.

C. 26.43%.

D.17.23%.

E. 64.39%.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91647825

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