Please do not give solution in image format thanku The balance sheet of Cranium Gaming reports total assets of $330,000 and $630,000 at the beginning and end of the year,respectively. Sales revenues are $1.80 million, net income is $58,000, and operating cash flows are $51,500.Calculate the cash return on assets, cash flow to sales, and asset turnover for Cranium Gaming. (Enter your answers in dollars, notmillions (i.e., $10.1 million should be entered as 10,100,000).)Cash Return on AssetsCash Flow to SalesAsset Turnover0Saved0timesHelp

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Calculate the cash return on assets, cash flow to sales, and asset turnover for Cranium Gaming. (Enter your ans 0100.0001

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please do not give solution in image format thanku

The balance sheet of Cranium Gaming reports total assets of $330,000 and $630,000 at the beginning and end of the year,
respectively. Sales revenues are $1.80 million, net income is $58,000, and operating cash flows are $51,500.
Calculate the cash return on assets, cash flow to sales, and asset turnover for Cranium Gaming. (Enter your answers in dollars, not
millions (i.e., $10.1 million should be entered as 10,100,000).)
Cash Return on Assets
Cash Flow to Sales
Asset Turnover
0
Saved
0
times
Help

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