Using the data from the financial statements of Stanford, Inc., that follow, compute the company's cash flow yield, cash flows to sales, cash flows to assets, and free cash flow. (Round to one decimal place.)
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Net sales
|
$3,200,000
|
|
Net income
|
352,000
|
|
Net cash flows from operating activities
|
456,000
|
|
Total assets, beginning of year
|
2,890,000
|
|
Total assets, end of year
|
3,120,000
|
|
Cash dividends
|
120,000
|
|
Net capital expenditures
|
298,000
|