Chausseur Building Supply Inc. reported net cash provided by operating activities of ($ 243,000), capital expenditures of
Question:
Chausseur Building Supply Inc. reported net cash provided by operating activities of \(\$ 243,000\), capital expenditures of \(\$ 112,900\), cash dividends of \(\$ 35,800\), and average maturities of long-term debt over the next five years of \(\$ 122,300\). What is Chausseur's free cash flow and cash flow adequacy ratio?
a. \(\$ 94,300\) and 0.77 , respectively
b. \(\$ 94,300\) and 0.82 , respectively
c. \(\$ 130,100\) and 1.06 , respectively
d. \(\$ 165,900\) and 1.36 , respectively
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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