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A Corporation Reported Average Total Assets of $397,350 in 2012

question 87

Essay

A corporation reported average total assets of $397,350 in 2012 and $440,800 in 2013.Its net operating cash flow was $35,667 for 2012 and $35,790 for 2013.Calculate the cash flow on total assets ratio for both years.Comment on the results.


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