Question

Zenon Company wants to know if its liquidity has improved. Calculate its cash flow yield for 2011 and 2010 using the following data.
Net Income, 2011 ................$5,000
Net Income, 2010 ................ 4,300
Cash Flows from Operating Activities, 2011 ...... 6,000
Cash Flows from Operating Activities, 2010 ...... 5,500
By this measure, has liquidity improved? Explain your answer.



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  • CreatedSeptember 10, 2014
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