In 20x2, Kenetics Corporation had total assets of (2,400,000), net sales of (3,300,000), net profit of 410,000.

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In 20x2, Kenetics Corporation had total assets of \(2,400,000\), net sales of \(3,300,000\), net profit of 410,000. In \(20 \times 1\), total assets were \(2,100,000\). Calculate the cash-generating efficiency ratios of cash flow yield, cash flows to sales, and cash flows to assets. Also calculate free cash flow.

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Financial Accounting A Global Approach

ISBN: 9780395839867

1st Edition

Authors: Sidney J. Gray, Belverd E. Needles

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