Question
Revo Company reports average total assets of $200,000, revenue of $87,000, net income of $29,000, and cash flow from operations of $34,000. (1) Compute
Revo Company reports average total assets of $200,000, revenue of $87,000, net income of $29,000, and cash flow from operations of $34,000. (1) Compute its cash flow on total assets. (2) Is Revo's cash flow on total assets better than the 8% for its competitor, Epix Company? (1) Cash flow on total assets (2) Is Revo's cash flow on total assets better than the 8% for its competitor, Epix Company? %
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