Revo Co. reports average total assets of $200,000, revenue of $90,000, net income of $30,000, and cash

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Revo Co. reports average total assets of $200,000, revenue of $90,000, net income of $30,000, and cash flow from operations of $38,000.

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 Co.?

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Financial Accounting Information For Decisions

ISBN: 9781260705584

10th Edition

Authors: John J. Wild

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Question Posted: Aug 23, 2021 08:34 AM

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Revo Co. reports average total assets of $200,000, revenue of $90,000, net income of $30,000, and cash

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Financial Accounting Information For Decisions

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