A company reported average total assets of $1,240,000 in 2014 and $1,510,000 in 2015. Its net operating

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A company reported average total assets of $1,240,000 in 2014 and $1,510,000 in 2015. Its net operating cash flow was $102,920 in 2014 and $138,920 in 2015. Calculate its cash flow on total assets ratio for both years. Comment on the results and any change in performance.
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Managerial Accounting

ISBN: 978-0078025600

5th edition

Authors: John Wild, Ken Shaw

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