A corporation reported average total assets in 2009 of $397,350 and $440,800 in 2010.Its net operating cash flow for 2009 was $35,667 and $35,790 for 2010.Calculate the cash flow on total assets ratio for both years.Comment on the results.

Question

Quizplus · Accepted Answer

The Answer of A corporation reported average total assets in 2009 of $397,350 and $440,800 in 2010.Its net operating cash flow for 2009 was $35,667 and $35,790 for 2010.Calculate the cash flow on total assets ratio for both years.Comment on the results.

A Corporation Reported Average Total Assets in 2009 of $397,350