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Dawe Corporation reports the following information: Net cash provided by operating activities..$285,000 Average current liabilities.........................150,000 Average long-term liabilities.....................100,000 Dividends declared....................................60,000 Capital expenditures. ................................110,000 Payments of
Dawe Corporation reports the following information:
Net cash provided by operating activities..$285,000
Average current liabilities.........................150,000
Average long-term liabilities.....................100,000
Dividends declared....................................60,000
Capital expenditures. ................................110,000
Payments of debt.......................................35,000
Calculate the following:
- Current Cash Debt Coverage ratio
b) Cash Debt Coverage Ratio
c) Free Cash Flow
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