In 2011, Coral Corporation had year-end assets of $275,000, sales of $395,000, net income of $45,000, net

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In 2011, Coral Corporation had year-end assets of $275,000, sales of $395,000, net income of $45,000, net cash flows from operating activities of $90,000, purchases of plant assets of $60,000, and sales of plant assets of $10,000, and it paid dividends of $20,000. In 2010, year-end assets were $250,000. Calculate cash flow yield, cash flows to sales, cash flows to assets, and free cash flow. (Note: Round ratios to the nearest decimal point.)
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Financial Accounting

ISBN: 978-0538476010

11th edition

Authors: Belverd E. Needles, Marian Powers

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