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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.
Alfred Marshall
A 19th-century English economist known for his significant contributions to the principles of economics and for coining the concepts of supply and demand.
Demand and Supply
Fundamental economic concepts where demand is the quantity of a good or service that consumers are willing and able to purchase at various prices, while supply is the quantity that producers are willing and able to sell at various prices.
World Supply
World supply refers to the total quantity of a good or service that is available for purchase on the global market.
OPEC Countries
Nations that are members of the Organization of the Petroleum Exporting Countries, known for their significant role in global oil production and prices.
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