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A) For 2017, Westport Corporation had average total assets of RM1,300,000, net sales of RM1,125,000, net income of RM125,000, net cash flows from operating
A) For 2017, Westport Corporation had average total assets of RM1,300,000, net sales of RM1,125,000, net income of RM125,000, net cash flows from operating activities of RM150,000, dividend payments of RM62,500, purchases of plant assets of RM150,000, and sales of plant assets of RM137,500. Required: Using this information, compute (round amounts to one decimal place) (a) cash flow yield (b) cash flows to sales, (c) cash flows to assets (d) free cash flow. B) (8 marks) Use the following information to calculate the free cash flow of Harris, Bhd. Net cash provided by operating activities, RM25,000 Net cash provided by financing activities, RM 35,000 Net cash used for planned investment in long-term assets, RM12,000 Net cash used for investing activities, RM 20,000 Cash dividends paid, RM10,000. (4 marks)
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