Required Information [The following information applles to the questions displayed below.] The following financlal statements and additional information are reported. Additional Information a. A $30,000 notes payable is retired at its $30,000 carrying (book) value In exchange for cash. b. The only changes affecting retained earnings are net income and cash dividends paid. c. New equipment is acquired for $75,600 cash. d. Recelved cash for the sale of equlpment that had cost $66,600, ylelding a $3,800 galn. e. Prepald Expenses and Wages Payable relate to Operating Expenses on the Income statement. f. All purchases and sales of Inventory are on credit. 1 (2) Compute the company's cash flow on total assets ratio for its fiscal year 2021