Question
Below is data from the financial statements of Stanford, Inc. Net sales $3,200,000 Net income 352,000 Net cash flows from operating activities 456,000 Total assets,
Below is data from the financial statements of Stanford, Inc.
Net sales | $3,200,000 |
Net income | 352,000 |
Net cash flows from operating activities | 456,000 |
Total assets, beginning of year | 2,890,000 |
Total assets, end of year | 3,120,000 |
Cash dividends | 120,000 |
Net capital expenditures | 298,000 |
Compute the company's cash flow yield, cash flows to sales, cash flows to assets, and free cash flow. Round your answers to one decimal place.
Cash flow yield: | times | |
Cash flows to sales: | % | |
Cash flows to assets: | % | |
Free cash flow: | $ |
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Cornerstones of Financial and Managerial Accounting
Authors: Rich Jones, Mowen, Hansen, Heitger
1st Edition
9780538751292, 324787359, 538751290, 978-0324787351
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