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A company reported average total assets of $255,000 in Year 1 and $282,000 in Year 2 . Its net operating cash flow was $17,575 in
A company reported average total assets of $255,000 in Year 1 and $282,000 in Year 2 . Its net operating cash flow was $17,575 in Year 1 and \$27,500 in Year 2. (1) Calculate its cash flow on total assets ratio for both years. (2) Did its cash flow on total assets improve in Year 2 versus Year 1? Complete this question by entering your answers in the tabs below. Calculate its cash flow on total assets ratio for both years. Complete this question by entering your answers in the tabs below. Did its cash flow on total assets improve in Year 2 versus Year 1? Did its cash flow on total assets improve in Year 2 versus Year 1
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