Question: Flowers Corporation reported net cash provided by operating activities of $412,000, net cash used by investing activities of $250,000, and net cash provided by financing

Flowers Corporation reported net cash provided by operating activities of $412,000, net cash used by investing activities of $250,000, and net cash provided by financing activities of $70,000. In addition, cash spent for capital assets during the period was $200,000. Average current liabilities were $150,000, and average total liabilities were $225,000. No dividends were paid.
Calculate these values:
(a) Free cash flow.
(b) Current cash debt coverage.
(c) Cash debt coverage.

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