Estill Corporation had the following financial data at year-end: Cash flows from...
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Accounting
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Estill Corporation had the following financial data at year-end:
Cash flows from operating activities $52,500 Cash flows from investing activities 7,000 Cash flows from financing activities 12,000 Cash used to purchase property, plant, and equipment 14,280 Sales 550,275
What is Estill Corporation's ratio of free cash flow to sales?
- 1.0%
- 6.0%
- 6.9%
- 9.2%
Estill Corporation had the following financial data at year-end:
| Cash flows from operating activities | $52,500 |
| Cash flows from investing activities | 7,000 |
| Cash flows from financing activities | 12,000 |
| Cash used to purchase property, plant, and equipment | 14,280 |
| Sales | 550,275 |
- 1.0%
- 6.0%
- 6.9%
- 9.2%
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