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O'Reilly Corporation gathered the following information from its financial statements: Net Sales Net Income Cash provided by Operating Activities Expenditures on Property, Plant and Equipment
O'Reilly Corporation gathered the following information from its financial statements: Net Sales Net Income Cash provided by Operating Activities Expenditures on Property, Plant and Equipment Current Assets $300,000 90,000 100,000 19,000 75,000 25,000 140,000 112,000 Current Liabilities Total Assets Total Liabilities Using the above data, calculate the following (1) return on sales ratio, (2) current ratio, (3) debt-to- total-assets ratio, and (4) free cash flow. (Round return on sales and debt-to-total assets ratios to one decimal point and round current ratio to two decimal points.) Return on Sales Ratio 28.6 % X Current Ratio 2 X Debt-to Total Assets Ratio 71.1 % X Free Cash Flow $ 83,000 X
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