14. Financial Statement Analysis
Ratios: Cash Return on Assets
Multiple Choice
Multiple ChoiceXYZ Company had net sales during the period of $380,000 and operating cash flows of $60,000. If total assets were $480,000 at the beginning of the period and $720,000 at the end of the period, what is the company's cash return on assets?
A
8%
B
10%
C
13%
D
63%
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