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$282,530Cash flows from investing activities-12,482Cash flows from financing activities-21,014 From other records: Capital expenditure costs23,097Cash dividend payments9,222Sales revenue478,493Total assets350,091Compute cash flows to assets ratio.

Ratio analysis: This is the quantitative analysis of financial statements of a business enterprise.…

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	$282,530
Cash flows from investing activities	-12,482
Cash flows from financing activities	-21,014

From other records:
Capital expenditure costs	23,097
Cash dividend payments	9,222
Sales revenue	478,493
Total assets	350,091

Compute cash flows to assets ratio.

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