Two competitors in the construction supply industry report the following selected financial data: Company A Company $ 46,770 1,69 3,994 S,065 33,95s 32,475 S 66,776 2,810 Sales Net incone Operating cash flows Total assets, beginning Total assets, ending 40,27 41,264 1. Calculate the cash return on essets, cesh flow to sales ratio, and asset turnover ratio for each company. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Cash Return on Assets Company A Company B Cash Flow to Sales Company A Company D Asset Turnover Company A Company B imes 2a. Which company has the better cash flow to sales retio? O Company B O Company A 2-b. Which company has the better asset turmover ratio? O Company A O Company B

Two competitors in the construction supply industry report the following selected financial data: Company A Company $ 46,770 1,69 3,994 S,065 33,95s 32,475 S 66,776 2,810 Sales Net incone Operating cash flows Total assets, beginning Total assets, ending 40,27 41,264 1. Calculate the cash return on essets, cesh flow to sales ratio, and asset turnover ratio for each company. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Cash Return on Assets Company A Company B Cash Flow to Sales Company A Company D Asset Turnover Company A Company B imes 2a. Which company has the better cash flow to sales retio? O Company B O Company A 2-b. Which company has the better asset turmover ratio? O Company A O Company B

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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