Determine Waterway Corporations current cash debt coverage, cash debt coverage, and free cash flow. (Round current cash debt coverage and cash debt coverage to 2 decimal places., e.g. 0.67.)

Current cash debt coverage			:1
Cash debt coverage			:1
Free cash flow		$

Current Attempt in Progress A comparative balance sheet for Waterway Corporation is presented as follows Assets Cash Accounts recevable Inventory Land Equipment Accumulated Depreciation Equipment Total December 31 2020 2019 $ 72,830 $ 22,000 84.220 68,390 182.220 191,390 73220 112,390 262.220 202.390 (71.220) (44,390 $603.490 $552,170 Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total $36.220 150,000 214.000 203.270 $603.490 $49,390 200,000 164,000 138,780 $552,170 Additional information: 1 2 Net Income for 2020 was $129.440. No gains or losses were recorded in 2020. Cash dividends of $64.950 were declared and paid. Bonds payable amounting to $50,000 were retired through issuance of common stock 3. Your answer is correct MacBook Pro Search Multu