Selected data taken from the 2004 financial statements of trading card company Topps Company, Inc. are as follows (in millions).

2004 Net sales for 2004 $295.9 Current liabilities, February 28, 2004 39.5 Current liabilities, February 26, 2005 47.5 Net cash provided by operating activities 229 Total liabilities, February 28, 2004 64.2 Total liabilities, February 26, 2005 le)

Capital expenditures 2.6 Cash dividends 6.5 Compute these ratios at February 26, 2005:

(a) current cash debt coverage ratio

(b) cash debt coverage ratio, and

(c) free cash flow. Provide a brief interpretation of your results.