Question

In 2014, Melvin Corporation had year-end assets of $1,100,000, sales of $1,580,000, net income of $180,000, net cash flows from operating activities of $360,000, purchases of plant assets of $240,000, and sales of plant assets of $40,000, and it paid dividends of $80,000. In 2013, year-end assets were $1,000,000. Calculate the cash-generating efficiency ratios of cash flow yield, cash flows to sales, and cash flows to assets. Also calculate free cash flow. (Round to the nearest tenth of a percent.)



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  • CreatedMarch 26, 2014
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