For Mennan Company calculate and define the meaning of the following ratios: Current cash debt coverage, cash debt coverage, free cash flow, working capital.

I. Condensed financial data of Mennan Company appear below: MENNAN COMPANY Comparative Balance Sheet December 31 Cash Accounts receivable Inventories Prepaid expenses Investments Plant assets Accumulated depreciation Total Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total Liabilities and Stockholders' Equity \begin{tabular}{rr} \hline 98,000 & $75,000 \\ \hline 24,000 & 24,000 \\ 120,000 & 160,000 \\ 275,000 & 170,000 \\ 118,000 & 81,000 \\ $635,000 & $510,000 \\ \hline \end{tabular} MENNAN COMPANY Income Statement For the Year Ended December 31, 2010 Sales $470,000 Less: Cost of goods sold Operating expenses (excluding depreciation) Depreciation expense Income taxes Interest expense Loss on sale of plant assets Net income Additional information: 1. New plant assets costing $100,000 were purchased for cash in 2010 . 2. Old plant assets costing $25,000 were sold for $10,000 cash when book value was $13,000. 3. Bonds with a face value of $40,000 were converted into $40,000 of common stock. I. Condensed financial data of Mennan Company appear below: MENNAN COMPANY Comparative Balance Sheet December 31 Cash Accounts receivable Inventories Prepaid expenses Investments Plant assets Accumulated depreciation Total Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total Liabilities and Stockholders' Equity \begin{tabular}{rr} \hline 98,000 & $75,000 \\ \hline 24,000 & 24,000 \\ 120,000 & 160,000 \\ 275,000 & 170,000 \\ 118,000 & 81,000 \\ $635,000 & $510,000 \\ \hline \end{tabular} MENNAN COMPANY Income Statement For the Year Ended December 31, 2010 Sales $470,000 Less: Cost of goods sold Operating expenses (excluding depreciation) Depreciation expense Income taxes Interest expense Loss on sale of plant assets Net income Additional information: 1. New plant assets costing $100,000 were purchased for cash in 2010 . 2. Old plant assets costing $25,000 were sold for $10,000 cash when book value was $13,000. 3. Bonds with a face value of $40,000 were converted into $40,000 of common stock