Two competitors in the construction supply industry report the following selected financial data: Company A Company $ 46,770 1,69 3,994 S,065 33,95s 32,475 S 66,776 2,810 Sales Net incone Operating cash flows Total assets, beginning Total assets, ending 40,27 41,264 1. Calculate the cash return on essets, cesh flow to sales ratio, and asset turnover ratio for each company. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Cash Return on Assets Company A Company B Cash Flow to Sales Company A Company D Asset Turnover Company A Company B imes 2a. Which company has the better cash flow to sales retio? O Company B O Company A 2-b. Which company has the better asset turmover ratio? O Company A O Company B
Two competitors in the construction supply industry report the following selected financial data: Company A Company $ 46,770 1,69 3,994 S,065 33,95s 32,475 S 66,776 2,810 Sales Net incone Operating cash flows Total assets, beginning Total assets, ending 40,27 41,264 1. Calculate the cash return on essets, cesh flow to sales ratio, and asset turnover ratio for each company. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Cash Return on Assets Company A Company B Cash Flow to Sales Company A Company D Asset Turnover Company A Company B imes 2a. Which company has the better cash flow to sales retio? O Company B O Company A 2-b. Which company has the better asset turmover ratio? O Company A O Company B
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 27BEB: Roberts Company provided the following partial comparative balance sheets and the income statement...
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