The balance sheets of Xenon Company reports total assets of $890,000 and $945,000 at the...
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The balance sheets of Xenon Company reports total assets of $890,000 and $945,000 at the beginning and end of the year, respectively. Sales revenues are $2.5 million, net income is $181,000, and net cash flows from operating activities are $145,000. Required: Calculate the cash return on assets, cash flow to sales, and asset turnover. (Do not round intermediate calculations. Round your fina answers to 1 decimal place.)
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