A company reported average total assets of $1,240,000
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A company reported average total assets of $1,240,000 in 2016 and $1,510,000 in 2017. Its net operating cash flow was
98 % (725 Review)
A company reported average total assets of $1,240,000 in 2016 and $1,510,000 in 2017. Its net operating cash flow was $102,920 in 2016 and $138,920 in 2017. Calculate its cash flow on total assets ratio for both years. Comment on the results and any change in performance.
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