The following shows excerpts from financial information relating to Aspen Company and Bergamot Company. Aspen Bergamot Net Cash Flows from Operating Activities $350,000 $486,900 Total Assets 430,400 625,000 Net Income 340,000 550,200 Sales Revenue 463,500 875,000 Capital Expenditures 120,750 270,000 Dividend Payments 25,000 65,700 Compute the following for both companies. Compare your results. Round final answers to whole number. A. Free cash flow B. Cash flows to sales ratio C. Cash flows to assets ratio Aspen Bergamot A. Free cash flow 2$ B. Cash flows to sales ratio % % C. Cash flows to assets ratio % %
The following shows excerpts from financial information relating to Aspen Company and Bergamot Company. Aspen Bergamot Net Cash Flows from Operating Activities $350,000 $486,900 Total Assets 430,400 625,000 Net Income 340,000 550,200 Sales Revenue 463,500 875,000 Capital Expenditures 120,750 270,000 Dividend Payments 25,000 65,700 Compute the following for both companies. Compare your results. Round final answers to whole number. A. Free cash flow B. Cash flows to sales ratio C. Cash flows to assets ratio Aspen Bergamot A. Free cash flow 2$ B. Cash flows to sales ratio % % C. Cash flows to assets ratio % %
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 10E
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