For 2013,Castro Corporation Had Average Total Assets of $580,000,net Sales

question 53

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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Definitions:

Body Tracts

Pathways or channels in the body through which biological substances flow, such as the gastrointestinal tract or neural tracts.

Matter

Anything that takes up space and has weight. Liquids, solids, and gases are matter.

Essential

Absolutely necessary; extremely important in a particular situation or for a specific function.

Diabetic Patient

An individual diagnosed with diabetes, a condition characterized by the inability to produce or properly use insulin to control blood sugar levels.