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Blossom Company reports the following information: Net cash provided by operating activities $324000 Average current liabilities 150000 Average long-term liabilities 90000 Dividends declared 60000 Capital
Blossom Company reports the following information:
| Net cash provided by operating activities | $324000 | ||
| Average current liabilities | 150000 | ||
| Average long-term liabilities | 90000 | ||
| Dividends declared | 60000 | ||
| Capital expenditures | 115000 | ||
| Payments of debt | 32000 |
Blossoms cash debt coverage is
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Gleim CIA Review Part 2 Practice Of Internal Auditing
Authors: Irvin N. Gleim
2020 Edition
1618542648, 978-1618542649
