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Question(s) / Instruction(s):

A company had net cash flows from operations of $120,000, cash flows from financing of $330,000, total cash flows of $500,000, and average total assets of $2,500,000. The cash flow on total assets ratio equals:

a)            20.00%.

b)            5.00%.

c)            24.00%.

d)            13.20%.

e)            4.80%.

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