The following are excerpts from Hamburg Company’s statement of cash flows and other financial records.From Statement of Cash Flows: Cash flows from operating activities$220,309Cash flows from investing activities-32,336Cash flows from financing activities-23,618 From other records: Capital expenditure costs12,310Cash dividend payments11,146Sales revenue559,818Total assets337,149Compute cash flows to sales ratio

Answered: The following are excerpts from Hamburg…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The following are excerpts from Hamburg Company’s statement of cash flows and other financial records.

From Statement of Cash Flows:
Cash flows from operating activities	$220,309
Cash flows from investing activities	-32,336
Cash flows from financing activities	-23,618

From other records:
Capital expenditure costs	12,310
Cash dividend payments	11,146
Sales revenue	559,818
Total assets	337,149

Compute cash flows to sales ratio

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Step 1

Cash flows to sales ratio: It can be defined as a financial ratio that measures cash flows from operations after subtracting capital expenditures in relation to sales.

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