Financial Accounting: Information for Decisions
Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158809
Author: Wild, John
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 12, Problem 10E
Summary Introduction

Concept Introduction:

Cash flows to total asset ratio indicates the rate of conversion of total assets into liquid assets. The ratio is calculated by dividing the net operating cash flows by average total assets.

To calculate:the cash flows to total asset ratio for each year and comment on the results.

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Financial Accounting: Information for Decisions

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