The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year,respectively.Sales revenues are $800,000,net income is $100,000,and net cash flows from operating activities are $150,000.What is Computer Worlds' cash return on assets?
A) 33.3%.
B) 42.9%.
C) 25.0%.
D) 37.5%.
Correct Answer:
Verified
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