PA12. LO 16.5 The following shows excerpts from financial information relating to Aspen Company and Bergamot Company. Aspen Bergamot Net Cash Flows from Operating Activities $320,000 $486.900 Total Assets 450,400 625,000 Net Income 300,000 550,200 Sales Revenue 463,500 875,000 Capital Expenditures 120.750 250,000 Dividend Payments 25,000 65,700 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 Solution A. Aspen Bergamot Cash flows from operating activities Cash paid for capital expenditures Cash paid for dividends Free cash flow B. Cash flows to sales ratio = Aspen Bergamot c. Cash flows to assets ratio = Aspen Bergamot