Business, 08.01.2021 01:00 rileysndr1782
A company reported average total assets of $1,240,000 in Year 1 and $1,510,000 in Year 2. Its net operating cash flow was $102,920 in Year 1 and $138,920 in Year 2. (1) Calculate its cash flow on total assets ratio for both years. (2) Did its cash flow on total assets improve in Year 2 versus Year 1
Answers: 2
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A company reported average total assets of $1,240,000 in Year 1 and $1,510,000 in Year 2. Its net op...
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