Asked by
Emily Rodriguez
on Dec 01, 2024
Verified
The cash flow on total assets ratio is affected by income recognition and measurement.
Income Recognition
The accounting principle that revenue should only be recognized after the business has fulfilled its obligations and the payment is certain.
- Understand how cash flows affect financial ratios and business decisions.
Verified Answer
SA
Learning Objectives
- Understand how cash flows affect financial ratios and business decisions.