The balance sheet of Cranium Gaming reports total assets of $430,000 and $730,000 at the beginning and end of the year, respectively. Sales revenues are $1.40 million, net income is $68,000, and operating cash flows are $56,500. Calculate the cash return on assets, cash flow to sales, and asset turnover for Cranium Gaming. (Enter your answers in dollars, not millions (i.e., $10.1 million should be entered as 10,100,000).) Net sales. Cash Return on Assets Cash Flow to Sales Asset Turnover Average total assets < Prev W 0 times 29 of 40 0 Next >

The balance sheet of Cranium Gaming reports total assets of $430,000 and $730,000 at the beginning and end of the year, respectively. Sales revenues are $1.40 million, net income is $68,000, and operating cash flows are $56,500. Calculate the cash return on assets, cash flow to sales, and asset turnover for Cranium Gaming. (Enter your answers in dollars, not millions (i.e., $10.1 million should be entered as 10,100,000).) Net sales. Cash Return on Assets Cash Flow to Sales Asset Turnover Average total assets < Prev W 0 times 29 of 40 0 Next >

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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