What ratio is used to calculate the cash flow yield? (a) Operating cash flow/Net sales (b) Operating
Question:
What ratio is used to calculate the ‘cash flow yield’?
(a) Operating cash flow/Net sales
(b) Operating cash flow/Interest paid
(c) Operating cash flow/Net income
(d) Operating cash flow/Average current liabilities.
AppendixLO1
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Related Book For
Financial Accounting And Reporting A Global Perspective
ISBN: 9781844802500
2nd Edition
Authors: Michel J. Lebas, Herve Stolowy, Michael Lebas
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