Fit and Fantastic produces and sells a range of fitness equipment. Its capital expenditure for the current

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Fit and Fantastic produces and sells a range of fitness equipment. Its capital expenditure for the current year of new plant was $130 000, and dividends paid were $20 000. Current liabilities and non-current liabilities were $43 000 and $560 000 respectively. Sales for the current year were $205 000, and cash flows from operations totalled $52 000. Compute the cash adequacy ratio, cash flow ratio, debt coverage ratio and cash flow to sales ratio.
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Accounting Business Reporting For Decision Making

ISBN: 9780730302414

4th Edition

Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver

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