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

question 97

Essay

A company reported average total assets of $496,000 in Year 1 and $604,000 in Year 2. Its net operating cash flow in Year 1 was $41,150 and $55,500 in Year 2. Calculate its cash flow on total assets ratio for both years. Comment on the results.

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Definitions:

Poverty

The state of having insufficient financial resources or access to necessities of life such as food, clean water, and shelter.

Unbalanced Diet

A diet lacking in the appropriate mix of nutrients to maintain health.

Global Environmental Security

A concept involving the protection of the global environment to ensure the stability and safety of international communities and ecosystems.

Poverty

The state of having insufficient financial resources to meet basic living needs such as food, shelter, and healthcare, leading to a lower quality of life.