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A company reported average total assets of $253,000 in Year 1 and $294,000 in Year...

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Accounting

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A company reported average total assets of $253,000 in Year 1 and $294,000 in Year 2 . Its net operating cash flow was $17,00 Year 1 and $29,750 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? Complete this question by entering your answers in the tabs below. Calculate its cash flow on total assets ratio for both years. A company reported average total assets of $253,000 in Year 1 and $294,000 in Year 2. Its net operating cash flow was $17,000 in Year 1 and $29,750 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? Complete this question by entering your answers in the tabs below. Did its cash flow on total assets improve in Year 2 versus Year 1? Did its cash flow on total assets improve in Year 2 versus Year 1

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