Using the data below from the financial statement of Bali, Inc., compute the companys cash flow yield,
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Using the data below from the financial statement of Bali, Inc., compute the company’s cash flow yield, cash flows to sales to assets, and free cash flow.
Net sales ................ $ 1,600,000
Net income ............... 176,000
Net cash flows from operating activities ..... 228,000
Total assets, beginning of year ........ 1,445,000
Total assets, end of year ......... 1,560,000
Cash dividends .............. 60,000
Net capital expenditures .......... 149,000
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