Essay
For 2013,Castro Corporation had average total assets of $580,000,net sales of $480,000,net income of $30,000,net cash flows from operating activities of $40,000,dividend payments of $24,000,purchases of plant assets of $132,000,and sales of plant assets of $56,000.Using this information,compute (a)cash flow yield,(b)cash flows to sales,(c)cash flows to assets,and (d)free cash flow.Round amounts to one decimal place.
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a.1.3 times [$40,000 ÷ $30,000...View Answer
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