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Analyzing the Statement of Cash Flows Manning Company reported the following information: cash provided by operating activities, $630,600; cash used by investing activities, $126,100;
Analyzing the Statement of Cash Flows Manning Company reported the following information: cash provided by operating activities, $630,600; cash used by investing activities, $126,100; average debt maturing over the next 5 years, $156,100; capital expenditures, $346,800; cash dividends, $139,000. Required: Compute free cash flow and the cash flow adequacy ratio. Round the ratio to two decimal places. Free cash flow Cash flow adequacy ratio
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