) C&A reports annual sales of $20 million, cost of goods sold of $7 million, inventory...

Question

Question

) C&A reports annual sales of $20 million, cost of goods sold of $7 million, inventory...

) C&A reports annual sales of $20 million, cost of goods sold of $7 million, inventory of $5 million, and net income of $2 million. What is C&A's flow rate?

A) $20 million per year

B) $7 million per year

$5 million per year

) $2 million per year

business finance

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Answer 1

Answer #1

Cash Flow rate can be estimated from the value of Cost of goods sold reported in a publicly traded company's income statement.

Cost of goods sold reported in the income statement = $7 million

So, C & A's flow rate is $7 million

Answer is $7 million per year

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Answer 2

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