Solved

A Company Reported Operating Cash Flows in 2009 of $23,400

Question 122

Essay

A company reported operating cash flows in 2009 of $23,400 and $26,220 in 2010.The average total assets for the company in 2009 was $262,000 and $285,000 in 2010.Calculate the cash flow on total assets ratio for both years.Comment on the results.

Correct Answer:

verifed

Verified

\[\begin{array} { | l | l | l | }
\hlin...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions