Digital Solutions reports the following financial information: ⚫ Total assets at beginning of year: $750,000 . Total assets at end of year: $850,000 ⚫ Sales revenue: $1,500,000 ⚫ Net income: $200,000 .Net cash flows from operating activities: $280,000 Calculate Digital Solutions' cash return on assets.

Digital Solutions reports the following financial information: ⚫ Total assets at beginning of year: $750,000 . Total assets at end of year: $850,000 ⚫ Sales revenue: $1,500,000 ⚫ Net income: $200,000 .Net cash flows from operating activities: $280,000 Calculate Digital Solutions' cash return on assets.

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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Laser World's income statement reported total revenues of $920,000 and total expenses (including $44,500 depreciation) of $775,000. The balance sheet reported the following: Accounts Receivable-beginning balance, $57,000 and ending balance, $59,000; Accounts Payable-beginning balance, $23,000 and ending balance, $29,000. Therefore, based only on this information, the net cash flows from operating activities were: eBook Multiple Choice $96,800. $149,000. $185,650 O $193,500. Mc Graw Hill P Type here to search Ps Ps 98% A 4x A dx 6 *** Prtse Isert Delete F10 FII F1R & * 3 5 Num Lock 4 6 8. 9. Backspace T U G J K Enter V B > Shi Alt * Pgup Alt Ctrl Home PgDn : - O O O O
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What chasse's free cash flow and cash flow adequacy ratio ? General accounting
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