In 20x8, Maus Corporation had year-end assets of $2,400,000, sales of

$3,300,000, net income of $280,000, net cash flows from operating activities of $390,000, dividends of $120,000, purchases of plant assets of $500,000, and sales of plant assets of $90,000. In 20x7, year-end assets were

$2,100,000. Calculate free cash flow and the cash-generating efficiency ratios of cash flow yield, cash flows to sales, and cash flows to assets.

Cash Flows from Operating Activities: Indirect Method