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A company reported average total assets of $253,000 in Year 1 and $294,000 in Year 2. Its net operating cash flow was $17,57 Year 1 and $30,500 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

A company reported average total assets of $253,000 in Year 1 and $294,000 in Year 2. Its net operating cash flow was $17,57 Year 1 and $30,500 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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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A company reported average total assets of $253,000 in Year 1 and $294,000 in Year 2. Its net operating cash flow was $17,575 in Year 1 and $30,500 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 1 Choose Denominator: 1 1 1 44 Required 1 Cash Flow on Total Assets Ratio Required 2 >
Transcribed Image Text:A company reported average total assets of $253,000 in Year 1 and $294,000 in Year 2. Its net operating cash flow was $17,575 in Year 1 and $30,500 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 1 Choose Denominator: 1 1 1 44 Required 1 Cash Flow on Total Assets Ratio Required 2 >
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