A Company Reported Average Total Assets of $496,000 in 2012

question 161

Essay

A company reported average total assets of $496,000 in 2012 and $604,000 in 2013.Its net operating cash flow was $41,150 in 2012 and $55,500 in 2013.Calculate its cash flow on total assets ratio for both years.Comment on the results.

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Definitions:

Anorexics

Individuals who suffer from anorexia nervosa, an eating disorder characterized by an obsessive fear of gaining weight and severely restricted food intake.

Emotional Support

Assistance provided through empathy, concern, and understanding to help someone cope with stress or difficulties.

Motivated to Change

The state of being willing or driven to alter one's behavior, circumstances, or perspectives in pursuit of improvement.

Bulimics

People dealing with bulimia nervosa, an eating disorder marked by a cycle of overeating followed by forced vomiting or other methods to prevent weight gain.