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Exercise 12-15 (Algo) Analyzing cash flow on total assets LO A1 A company reported average total assets of $257,000 in Year 1 and $300,000 in
Exercise 12-15 (Algo) Analyzing cash flow on total assets LO A1 A company reported average total assets of $257,000 in Year 1 and $300,000 in Year 2. Its net operating cash flow was $18,725 in Year 1 and $30,500 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. Required 1 Required 2 Calculate its cash flow on total assets ratio for both years. Cash Flow on Total Assets Ratio Choose Numerator: Net operating cash flow 1 Choose Denominator: Cash Flow on Total Assets Ratio Average total assets Year 1: $ 20,450 7 0 Year 2:1 S 30,450 / 0 Required Required 2>
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