15. Financial Statement Analysis
Ratios: Cash Return on Assets
15. Financial Statement Analysis
Ratios: Cash Return on Assets
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- 객관식
XYZ Company had net sales during the period of \$380,000 and operating cash flows of \$60,000. If total assets were \$480,000 at the beginning of the period and \$720,000 at the end of the period, what is the company's cash return on assets?
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A company has income before taxes of \$120,000. Net sales are \$400,000 and gross profit is \$300,000. Operating cash inflows totaled \$360,000 and operating cash outflows totaled \$300,000. What is the cash return on assets, assuming the company has a 40% tax rate, and average total assets were \$900,000?
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