Selected summary information is presented below for two companies.

a. Calculate the ratios of cash flow from operations to net income and to total assets.
b. Evaluate the success of each company at using assets to generate cash flow from operations.
c. What are the major causes of the difference between net income and cash flow for the twocompanies?

Fasani Enterprises Corporation (In millions) $7,446 $6,512 Total assets Net sales $8,452 8,910 $7,786 7,388 816 244 (262) 6,812 414 5,746 268 (326) Depreciation and amortization Decrease (increase) in receivables Decrease (increase) in inventories Increases (decrease) in payables 2641244 (62) Cash flow from operations 174 $1,230 912 $ 224 $ 704