A company reported average total assets of $257,000 in Year 1 and $304,000 in Year 2. Its net operating cash flow was $17,575 in Year 1 and $28,250 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: Cash Flow on Total Assets Ratio Choose Numerator: / Choose Denominator: Cash Flow on Total Assets Ratio < Required 1 Required 2 >
A company reported average total assets of $257,000 in Year 1 and $304,000 in Year 2. Its net operating cash flow was $17,575 in Year 1 and $28,250 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: Cash Flow on Total Assets Ratio Choose Numerator: / Choose Denominator: Cash Flow on Total Assets Ratio < Required 1 Required 2 >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A company reported average total assets of $257,000 in Year 1 and $304,000 in Year 2. Its net operating cash flow was $17,575 in Year
1 and $28,250 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:
Cash Flow on Total Assets Ratio
Choose Numerator:
1 Choose Denominator:
Cash Flow on Total Assets Ratio
< Required 1
Required 2 >
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