The balance sheet of Cranium Gaming reports total assets of $430,000 and $730,000 at the beginning and end of the year, respectively. Sales revenues are $1.40 million, net income is $68,000, and operating cash flows are $56,500. 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).) Net sales. Cash Return on Assets Cash Flow to Sales Asset Turnover Average total assets < Prev W 0 times 29 of 40 0 Next >

The balance sheet of Cranium Gaming reports total assets of $430,000 and $730,000 at the beginning and end of the year, respectively. Sales revenues are $1.40 million, net income is $68,000, and operating cash flows are $56,500. 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).) Net sales. Cash Return on Assets Cash Flow to Sales Asset Turnover Average total assets < Prev W 0 times 29 of 40 0 Next >

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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