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 | 278,000 | 188,000 | |||
| 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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Internal Audit In Higher Education
Authors: Alison Holmes, Sally Brown
1st Edition
0749433000, 978-0749433000
