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Line Item Description Amount Sales $3,100,000 Net cash flows from operating activities 310,000 Net cash flows used for investing activities (110,000) Net cash flows used
Line Item Description Amount Sales $3,100,000 Net cash flows from operating activities 310,000 Net cash flows used for investing activities (110,000) Net cash flows used for financing activities (210,000) Free cash flow 248,000 What is the ratio of free cash flow to sales? a. 6.8% b. 8.0% c. 13.5% d. 10.0%
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Financial Accounting
Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess
9th Edition
032418803X, 978-0324188035
