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A Corporation Reported Average Total Assets in Year 1 of $397,350

question 184

Essay

A corporation reported average total assets in Year 1 of $397,350 and $440,800 in Year 2. Its net operating cash flow for Year 1 was $35,667 and $35,790 for Year 2. Calculate the cash flow on total assets ratio for both years. Comment on the results.


Definitions:

Black Cohosh

A herb often used to manage symptoms of menopause and menstrual discomfort due to its supposed estrogen-like effects.

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A class of antidepressant drugs used primarily for the treatment of major depression and other mood disorders.

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