A Company Reported Net Income of $132,000, Operating Cash Flows

question 112

Essay

A company reported net income of $132,000, operating cash flows of $87,000, total cash flows of
$112,000, and average total assets of $1,053,000. Calculate its cash flow on total assets ratio.

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Definitions:

Inferior Olive

A structure in the brainstem involved in motor coordination and learning by sending signals to the cerebellum.

Cerebellum

A major structure of the hindbrain that plays an essential role in motor control, coordination, precision, and timing of movements.

Motor System

The component of the central and peripheral nervous system that is involved in the movement and coordination of the muscles.

Glabrous Skin

Skin that does not have hair follicles but contains larger numbers of sensory receptors than do hairy skin areas.