The following shows excerpts from financial information relating to Aspen Company and Bergamot Company. Compute the following
Question:
The following shows excerpts from financial information relating to Aspen Company and Bergamot Company.
Compute the following for both companies. Compare your results.
A. Free cash flow
B. Cash flows to sales ratio
C. Cash flows to assets ratio
Transcribed Image Text:
Net Cash Flows from Operating Activities Total Assets Net Income Sales Revenue Capital Expenditures Dividend Payments Aspen $320,000 450,400 300,000 463,500 120,750 25,000 Bergamot $486,900 625,000 550,200 875,000 250,000 65,700
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A Aspen Bergamot Cash Flows from Operating Activities 320000 486900 Cash paid for Capital ...View the full answer
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Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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