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Cash Flow Ratios Spencer Company reports the following amounts in its annual financial statements: Cash flow from operating activities $60,000 Capital expenditures $38,500* Cash flow

Cash Flow Ratios Spencer Company reports the following amounts in its annual financial statements:

Cash flow from operating activities $60,000 Capital expenditures $38,500*
Cash flow from investing activities (44,000) Average current assets 88,000
Cash flow from financing activities (5,500) Average current liabilities 66,000
Net income 27,500 Total assets 165,000

* This amount is a cash outflow a. Compute Spencer's 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 $Answer
b. Operating-cash-flow-to-current-liabilities ratio Answer
c. Operating-cash-flow-to-current-expenditures ratio Answer

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