a$.$ Net income was $$35,000.$

b$.$ Issued common stock for $$64,000$ cash.

c$.$ Paid cash dividend of $$14,600.$

d$.$ Paid $$50,000$ cash to settle a long$-$term notes payable at its $$50,000$ maturity value.

e$.$ Paid $$12,000$ cash to acquire its treasury stock.

f$.$ Purchased equipment for $$39,000$ cash.

Use the above information to determine cash flows from financing activities.

Note: Amounts to be deducted should be indicated with a minus sign.

$\backslash$table$[[$Statement of Cash Flows $($partial$)],[$Cash flows from financing activities,$],[,],[,],[,],[,],[,],[,]]$

A company reported average total assets of $$1,240,000$ in Year $1$ and $$1,510,000$ in Year $2.$ Its net operating cash flow was $$102,920$ in Year $1$ and $$138,920$ in Year $2.$

$(1)$ Calculate its cash flow on total assets ratio for both years.

$(2)$ Did its cash flow on total assets improve in Year $2$ versus Year $1?$

Complete this question by entering your answers in the tabs below.

Calculate its cash flow on total assets ratio for both years.

$\backslash$table$[[,$Cash Flow on Total Assets Ratio,$],[,$Choose Numerator:,$1,$Choose Denominator:,Cash Flow on Total Assets Ratio$],[,,1,,],[$Year $1$:$,,1,,],[$Year $2$:$,,1,,]]$