Cash Flow Ratios Spencer Company reports the following amounts in its annual financial statements: Cash flow from operating activities $50,000 Capital expenditures $35,000 Cash flow from investing activities 40,000) Average current assets 80,000 Cash flow from financing activities (5,000) Average current liabilities 60,000 Net income *This amount is a cash outflovw 25,000 Total assets 150,000 a. Compute Spencers free cash flow. b. Compute Spencer's operating-cash-flow-to-current-liabilities ratio. c. Compute Spencer's operating-cash-flow-to-capital-expenditures ratio. Round ratios to two decimal points. a. Free cash flow b. Operating-cash-flow-to-current-liabilities ratio c. Operating-cash-flow-to-current expenditures ratio