Cypress Semiconductor Corporation in one year reported cash provided by operations of $95,100,000, cash used in investing

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Cypress Semiconductor Corporation in one year reported cash provided by operations of
$95,100,000, cash used in investing of $322,500,000, and cash used in financing of $213,700,000. In addition, cash spent for fixed assets during the period was $176,800,000. Average current liabilities were $276,950,000, and average total liabilities were $1,026,050,000. No dividends were paid. Calculate the following:
(a) Free cash flow.
(b) Current cash debt coverage ratio.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For  book-img-for-question

Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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