Question
Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given below: Ditka Inc. McMahon Company Cash provided by operating activities
Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given below: Ditka Inc. McMahon Company Cash provided by operating activities $2,475,000 $1,639,000 Capital expenditures 1,157,000 748,000 Dividends 290,000 187,000 Average debt maturity over next 5 years 1,988,000 1,212,000 Required: Compute Ditkas and McMahons free cash flow and cash flow adequacy ratio. Round ratios to two decimal places. Free Cash Flow Adequacy Ratio Ditka Inc. $fill in the blank 1 fill in the blank 2 McMahon Company $fill in the blank 3 fill in the blank 4
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