A company reported average total assets of $251,000 in Year 1 and $296,000 in Year 2. Its net operating cash flow was $17,575 in Year 1 and $29,750 in Year 2. (1) Calculate its cash flow on total assets ratio for both years. (2) Did its cash flow on total assets improve in Year 2 versus Year 1? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate its cash flow on total assets ratio for both years. Year 1: Year 2: Choose Numerator: Cash Flow on Total Assets Ratio Choose Denominator: Cash Flow on Required 1 Required 2
A company reported average total assets of $251,000 in Year 1 and $296,000 in Year 2. Its net operating cash flow was $17,575 in Year 1 and $29,750 in Year 2. (1) Calculate its cash flow on total assets ratio for both years. (2) Did its cash flow on total assets improve in Year 2 versus Year 1? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate its cash flow on total assets ratio for both years. Year 1: Year 2: Choose Numerator: Cash Flow on Total Assets Ratio Choose Denominator: Cash Flow on Required 1 Required 2
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter6: Statement Of Cash Flows
Section: Chapter Questions
Problem 20E
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