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Please explain how you come to the answer in detail. Blossom Company reported the following selected information at March 31. 2022 $270,020 Total current assets
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Blossom Company reported the following selected information at March 31. 2022 $270,020 Total current assets Total assets 441,500 Total current liabilities 293,500 Total liabilities 358,498 Net cash provided by operating activities 63,100 Calculate the current ratio, the debt to assets ratio, and free cash flow for March 31, 2022. The company paid dividends of $10,200 and spent $25,400 on capital expenditures. (Round current ratio and debt to assets ratio to 2 decimal places, e.g. 15.25. If answer is negative enter it with a negative sign preceding the number e.g.-15,000 or in parentheses eg. (15,000).) Current ratio 0.92 :1 Debt to assets Free cash flow $ 27,500Step by Step Solution
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