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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Definitions:

Informal Systems

Unofficial, non-structured methods through which information is shared and activities are conducted within an organization, contrasting with formal policies and procedures.

Everyday Activities

Routine actions or tasks that are performed on a daily basis as part of normal life.

Patterns of Activity

Denotes the regularities or trends in behaviors or actions within a particular context or over time.

Formal Systems

Structured, rule-based procedures and methodologies established for consistent operation within organizations.