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Please help me solve the cash flow adequacy ratio, thank you. Analyzing the Statement of Cash Flows Manning Company reported the following information for 2019:
Please help me solve the cash flow adequacy ratio, thank you.
Analyzing the Statement of Cash Flows Manning Company reported the following information for 2019: cash provided by operating activities, $425,000; cash used by investing activities, $200,000; average debt maturing over the next 5 years, $80,000; capital expenditures, $275,000; cash dividends, $60,000. Required: Compute free cash flow and the cash flow adequacy ratio. (Mote: Round ratios to two decimal places.) Free cash flow 90,000 Cash flow adequacy 102.41 X ratio Foeback Check My Werk Free cash Bow reprments he cash fow that a company is able to generate after coridering capral expendtures and cash dvidendsStep by Step Solution
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