Response to the following questions:
1. A company reported average total assets of $248,000 in 2010 and $302,000 in 2011. Its net operating cash flow in 2010 was $20,575 and $27,750 in 2011. Calculate its cash flow on total assets ratio for both years. Comment on the results and any change in performance.
2. When a spreadsheet for a statement of cash flows is prepared, all changes in noncash balance sheet accounts are fully explained on the spreadsheet. Explain how these noncash balance sheet accounts are used to fully account for cash flows on a spreadsheet.