I keep getting this equation incorrect, please look at all the options and pick
ID: 2334024 • Letter: I
Question
I keep getting this equation incorrect, please look at all the options and pick the correct one.
(2) Compute the company's cash flow on total assets ratio for its fiscal year 2017 Cash Flow on Total Assets Ratio Choose Denominator: Cash Flow on Total Assets Ratio Average accounts Choose Numerator: Operating cash flows Cash flow on total assets ratio receivable, net 169,810I 496% Accounts receivable, net Average accounts receivable, net Average current assets Average current liabilities Average total assetsExplanation / Answer
Answer : Average total assets
Formula:
Cash flow on total assets =Operating cash flows/Average total assets.
Thanks.....