Cash Flow Ratios

Tracy Company reports the following amounts in its annual financial statements:

Cash flow from operating activities $$90,000$ Capital expenditures $$31,000*$

Cash flow from investing activities $(70,000)$ Average current assets $80,000$

Cash flow from financing activities $(10,000)$ Average current liabilities $60,000$

Net income $44,000$ Total assets $180,000$

$*$ This amount is a cash outflow

a$.$ Compute Tracy$$s free cash flow.

b$.$ Compute Tracy$$s operating$-$cash$-$flow$-$to$-$current$-$liabilities ratio.

c$.$ Compute Tracy$$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