In 2011, Hnat Corporation had year-end assets of $600,000, sales of $825,000, net income of $70,000, net

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In 2011, Hnat Corporation had year-end assets of $600,000, sales of $825,000, net income of $70,000, net cash flows from operating activities of $98,000, dividends of $30,000, purchases of plant assets of $125,000, and sales of plant assets of $23,000. In 2010, year-end assets were $525,000. Calculate cash flow yield, cash flows to sales, cash flows to assets, and free cash flow.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Financial Accounting

ISBN: 978-0538476010

11th edition

Authors: Belverd E. Needles, Marian Powers

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