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:

Hiring Standards

The criteria and qualifications required for a candidate to be eligible for a particular job position.

Legal Challenge

A dispute brought before a court, questioning the legality or constitutionality of a law, regulation, decision, or action.

Disparate Impact

An effect of policies or practices that adversely affect one group of people more significantly than another, even if unintentional.

Substantially-Equal-Work

Refers to a legal standard requiring tasks that require comparable skill, effort, and responsibility, and performed under similar working conditions, to be compensated equally.