Jain Corporation reported net cash provided by operating activities of $325,000, net cash used by investing activities
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Jain Corporation reported net cash provided by operating activities of $325,000, net cash used by investing activities of $250,000, and net cash provided by financing activities of $70,000. In addition, cash spent for net capital expenditures during the period was $200,000, and $25,000 of dividends were paid. Average current liabilities were $215,000 and average total liabilities were $360,000. Calculate these values: (a) cash current debt coverage, (b) cash total debt coverage, and (c) free cash flow.
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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