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Net income was $30, 700. Sales on account were $387, 600. Sales returns and allowances amounted to $29, 300. Cost of goods sold was $202,
Net income was $30, 700. Sales on account were $387, 600. Sales returns and allowances amounted to $29, 300. Cost of goods sold was $202, 600. Net cash provided by operating activities was $58, 200. Capital expenditures were $27, 400, and cash dividends were $14, 600. Compute the following ratios at December 31, 2014. (Round all answers to 2 decimal places, e.g. 1.83.) Current ratio: 1 Accounts receivable turnover. times Average collection period. days Inventory turnover. times Days in inventory. days Cash debt coverage ratio. times Current cash debt coverage ratio. times Free cash flow. $
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