If net cash flows from operating activities were $388,000,net income were $100,000,and net sales were $1,200,000,the cash flow yield would equal (Round amounts to two decimal places)
A)$288,000.
B)$812,000.
C)3.88 times.
D)3.09 times.

Question

Quizplus · Accepted Answer

Cash flow yield is calculated as net cash flows from operating activities divided by net income. So, $388,000 / $100,000 = 3.88 times.

If Net Cash Flows from Operating Activities Were $388,000,net Income