Using the data from the financial statements of Stanford, Inc., that follow compute the companys cash flow

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Using the data from the financial statements of Stanford, Inc., that follow compute the company’s cash flow yield, cash flows to sales, cash flows to assets, and free cash flow. (Round 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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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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