Using the data below from the financial statements of Coat, Inc., compute the companys cash flow yield,

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Using the data below from the financial statements of Coat, Inc., compute the company’s cash flow yield, cash flows to sales, cash flows to assets, and free cash flow. (Round computations to one decimal place.)

Net sales ………………………………………. $3,200,000

Net income …………………………………….        352,000

Net cash flows from operating activities ………    456,000

Total assets, beginning of year ………………. 2,890,000

Total assets, end of year ……………………… 3,120,000

Cash dividends ……………………………….         120,000

Net capital expenditures ………………………        298,000

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial Accounting

ISBN: 978-0538476010

11th edition

Authors: Belverd E. Needles, Marian Powers

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