Two competitors in the construction supply industry report the following selected financial data: Company A Company B $66,676 $46,870 1,863 3,974 Sales Net income Operating cash flows. Total assets, beginning Total assets, ending Company A Company B 1. Calculate the cash return on assets, cash flow to sales ratio, and asset turnover ratio for each company. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Company A Company B Cash Return on Assets 33,255 32,375 Cash Flow to Sales % % 2,670 5,055 39,877 42,014
Two competitors in the construction supply industry report the following selected financial data: Company A Company B $66,676 $46,870 1,863 3,974 Sales Net income Operating cash flows. Total assets, beginning Total assets, ending Company A Company B 1. Calculate the cash return on assets, cash flow to sales ratio, and asset turnover ratio for each company. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Company A Company B Cash Return on Assets 33,255 32,375 Cash Flow to Sales % % 2,670 5,055 39,877 42,014
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Two competitors in the construction supply industry report the following selected financial data:
Company A Company B
$46,870
Sales
Net income
Operating cash flows.
Total assets, beginning
Total assets, ending
Company A
Company B
1. Calculate the cash return on assets, cash flow to sales ratio, and asset turnover ratio for each company. (Do not round intermediate
calculations. Round your final answers to 2 decimal places.)
Company A
Company B
Cash Return on
Assets
Cash Flow to Sales
1,863
3,974
33,255
32,375
%
$66,676
2,670
5,055
39,877
42,014
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