In 2011, Mira Corporation had year-end assets of $825,000, sales of $1,185,000, net income of $135,000, net
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In 2011, Mira Corporation had year-end assets of $825,000, sales of $1,185,000, net income of $135,000, net cash flows from operating activities of $270,000, purchases of plant assets of $180,000, and sales of plant assets of $30,000, and it paid dividends of $60,000. In 2010, year-end assets were $750,000. Calculate cash flow yield, cash flows to sales, cash flows to assets, and free cash flow.
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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