Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a company reported average total assets of $257,00

A company reported average total assets of $257,000 in Year 1...

60.1K

Verified Solution

Question

Accounting

A company reported average total assets of $257,000 in Year 1 and $304,000 in Year 2. Its net operating cash flow was $17,575 in Year
1 and $28,250 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.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

500 words pleasee!!! Explain how the Prospect Theory explanation of purchase behavior (with respect to prices) differs from...

Operations Management
Q

You are tasked with conducting an inheritance study on a species of daisy. While they are...

Biology
Q

Byron is a stressed adolescent from a dysfunctional family. His dad died when he was 13....

Psychology
Q

Which of the following is NOT a belief of Transcendentalists O Everything in the world...

Biology
Q

Briefly explain how you would differentiate y O In O where inside the and O...

Calculus
Q

If ?=5?/2, then find exact values for the following. If the trigonometric function is undefined...

Algebra
Q

termine whether the infinite series converges or diverges jk 6 k 1 5 lect one...

Algebra
Q

Corporation makes a product whose direct labor standards are 0.8 hours...

Accounting
Q

A stock split increases total stockholders' equity. True or False

Accounting
Q

The following is a December 31, 2024,...

Accounting
Q

B .Discuss how VAT on exported services is operationalised in Kenya (5marks). c) Write...

Accounting
Q

ABC Garage has Current Assets of $528, Current Liabilities of $235, and inventory of $318....

Finance