In 2014, Andys Corporation had year-end assets of $2,400,000, sales of $3,300,000, net income of $280,000, net

Question:

In 2014, Andy’s had year-end assets of $2,400,000, sales of $3,300,000, net income of $280,000, net cash flows from operating activities of $390,000, dividends of $120,000, purchases of plant assets of $500,000, and sales of plant assets of $90,000. In 2013, year-end assets were $2,100,000. Calculate and the cash-generating efficiency ratios of cash flow yield, cash flows to sales, and cash flows to assets. (Round to one decimal point or the nearest tenth of a percent.)

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... Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...