View previous attempt Inb Flad 6 Dra Ser Jun 16.2 points Additional Information a. A $30,000 note payable is retired at its $30,000 carrying (book) value in exchange for cash. b. The only changes affecting retained earnings are not income and cash dividends paid. c. New equipment is acquired for $57,600 cash. d. Received cash for the sale of equipment that had cost $48,600, yielding a $2,000 gain. e. Prepaid Expenses and Wages Payable relate to other Expenses on the income statement f. All purchases and sales of inventory are on credit Tra All BOOM TEMA Print Rec References Exercise 12-11 Indirect: Preparing statement of cash flows (part 2) LO P1, P2, P3, A1 ud (2) Compute the company's cash flow on total assets ratio for its fiscal year 2018. Choose Numerator Operating cash flows 183,6101 Cash Flow on Total Assets Ratio Choose Denominator: Cash Flow on Total Assets Ratio Average total assets Cash flow on total assets ratio 362,200 50.7% Mc Graw