
Concept introduction:
This ratio shows relationship between cash flow from operating activities and average total assets of a firm. This ratio tells about how much cash flow from operations is generated in compare to average total assets.
Requirement 1:
Cash flow on total assets for Apple and Google.
Concept introduction:
Cash flow on total assets ratio:
This ratio shows relationship between cash flow from operating activities and average total assets of a firm. This ratio tells about how much cash flow from operations is generated in compare to average total assets.
Requirement 2:
To explain:
Which company have better cash flow on total assets ratio in current year?
Concept introduction:
Cash flow on total assets ratio:
This ratio shows relationship between cash flow from operating activities and average total assets of a firm. This ratio tells about how much cash flow from operations is generated in compare to average total assets.
Requirement 3:
To explain:
Does cash flow on total assets in current outperform or under perform for Apple and Google?

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Chapter 12 Solutions
Managerial Accounting + Connect Access Card
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- Managerial AccountingAccountingISBN:9781337912020Author:Carl Warren, Ph.d. Cma William B. TaylerPublisher:South-Western College PubFinancial And Managerial AccountingAccountingISBN:9781337902663Author:WARREN, Carl S.Publisher:Cengage Learning,

