For 20x5, Devers Enterprises had average total assets of $1,040,000, sales of $900,000, net income of $100,000, net cash flows from operating activities of $150,000, dividend payments of $50,000, purchases of plant assets of $120,000, and sales of plant
assets of $110,000. 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.
a. 1.5 times ($150,000 ÷ $100,000)
b. 16.7 percent ($150,000 ÷ $900,000)
c. 14.4 percent ($150,000 ÷ $1,040,000)
d. $90,000 ($150,000 - $50,000 - $120,000 + $110,000)
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