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
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
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 16EB: The following shows excerpts from Camole Companys statement of cash flows and other financial...
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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
Expert Solution
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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