Question: A company reported average total assets of 1 240 000 in
A company reported average total assets of $ 1,240,000 in 2012 and $ 1,510,000 in 2013. Its net operating cash flow in 2012 was $ 102,920 and $ 138,920 in 2013. Calculate its cash flow on total assets ratio for both years. Comment on the results and any change in performance.
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