Information for Frank and Merles Bowling Goods Pty Ltd has been extracted from their financial statements and
Question:
Information for Frank and Merle’s Bowling Goods Pty Ltd has been extracted from their financial statements and is presented below.
Information relating to the year ended 30 June 2017 is as follows.
Required
a. Calculate the net cash flows from operating activities.
b. Compute the cash adequacy ratio, the cash flow ratio, the debt coverage ratio and the cash flow to sales ratio.
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730363415
6th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
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