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1.Use the cash flow on total assets ratio to determine which of these three companies is using its assets most efficiently.
Company A
Company B
Company C
Cash provided by operations
$ 300,000
$ 600,000
$ 400,000
Cash provided (used) by investing activities
Purchase of operating assets
(190,000)
(380,000)
(200,000)
Cash provided (used) by financing activities
Repayment of debt
(100,000)
(210,000)
Net Increase in cash
$ 10,000
Average total assets
$ 2,500,000
$ 6,000,000
$ 5,000,000
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