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A company had the following financial Information for the year as follows ($ in millions): Net income Obtain loan from the bank Depreciation expense Purchase

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A company had the following financial Information for the year as follows ($ in millions): Net income Obtain loan from the bank Depreciation expense Purchase equipment Increase in accounts receivable Pay dividends Increase in salaries payable Sale of land $9, 200 4,600 1,800 5,400 3,900 2,200 1,700 3,500 The company would report net cash Inflows outflows) from financing activities in the amount of Multiple Choice $2,400 $5,900. $(1.900). $(7.600). Two competitors in the construction supply industry report the following selected financial data: Sales Net income Operating cash flows Total assets, beginning Total assets, ending Company A $ 46,670 1.723 3.954 33,655 31.775 Company B $ 66,876 2,712 5.07 40,677 41,714 1. Calculate the cash return on assets, cash flow to sales ratio, and asset turnover ratio for each compony. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Cash Return on Asta Company A Company B % Cash Flow to Sales Company A Company B % Company A Company B Asset Tumover Limes times 2.a. Which company has the better cash flow to sales retio? Company A o Company 2-b. Which company has the better ssset turnover ratio? O Company A O Company B

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