A company had total assets of $1,760,000,total cash flows of $1,320,000,and cash flows from operations of $205,000.The cash flow on total assets ratio is equal to:
A)1.33%
B)8.58%
C)11.65%
D)15.5%
E)75%

Question

Quizplus · Accepted Answer

The cash flow on total assets ratio is calculated by dividing the total cash flows by the total assets. In this case, the total cash flows are $1,320,000 and the total assets are $1,760,000. Therefore, the cash flow on total assets ratio is $1,320,000 / $1,760,000 = 0.1165, or 11.65%.

A Company Had Total Assets of $1,760,000,total Cash Flows of $1,320,000,and