FINANCIAL+MANAGERIAL ACCOUNTING
9th Edition
ISBN: 9781264560295
Author: Wild
Publisher: MCG
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Question
Chapter 12, Problem 3.3AA
(a)
To determine
Introduction: Cash flows on total assets ratio indicates the amount generated after getting utilized the total assets owned by the business. The higher ratio indicates efficient use of the assets.
To compare: The cash flow on total assets ratio of Company S with that of Company A.
(b)
To determine
Introduction: Cash flows on total assets ratio indicates the amount generated after getting utilized the total assets owned by the business. The higher ratio indicates efficient use of the assets.
To compare: The cash flow on total assets ratio of Company S with that of Company G.
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Students have asked these similar questions
What is the current-year return on assets for (a) Apple and (b) Google?
Attached is the financial information for Apple Inc. Please answer questions 1 through 3 please.
1. What is Apple's current ratio in 2022? a. 1.08
b. 1.17
c. 1.29
d. 1.36
2. What is Apple's cash flow ratio in 2021? a. 0.54
b. 0.66
c. 0.77
d. 0.83
3. What are Apple's purchases in 2021? a. $175.19 billion
b. $167.31 billion
c. $170.09 billion
d. $215.5 billion
Please interpret the numbers and compare the number, no required to explain the theory. Also answer if the business is a going concern?
CKM RATIOS:
2016
2017
2018
2019
2020
2021
Current ratio
0.66
0.58
0.96
0.92
1.06
0.83
Quick ratio
0.43
0.37
0.58
0.53
0.49
0.57
Operating cash flow ratio
0.10
0.01
0.01
0.00
0.02
0.07
PWC RATIOS:
2016
$000
2017
$000
2018
$000
2019
$000
2020
$000
2021
$000
Current ratio
2.37
2.23
2.07
1.89
2.74
2.16
Quick ratio
0.93
0.95
0.81
0.80
1.36
1.01
Operating cash flow ratio
1.02
0.72
0.96
0.47
0.32
0.52
Chapter 12 Solutions
FINANCIAL+MANAGERIAL ACCOUNTING
Ch. 12 - Prob. 1QSCh. 12 - Prob. 2QSCh. 12 - Prob. 3QSCh. 12 - Prob. 4QSCh. 12 - Prob. 5QSCh. 12 - Prob. 6QSCh. 12 - Prob. 7QSCh. 12 - Prob. 8QSCh. 12 - Prob. 9QSCh. 12 - Prob. 10QS
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