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Question 27 (8 points) Listen Dawe Corporation reports the following information: Net cash provided by operating activities........... $285,000 Average current liabilities....... 150,000 Average long-term liabilities...
Question 27 (8 points) Listen Dawe Corporation reports the following information: Net cash provided by operating activities........... $285,000 Average current liabilities....... 150,000 Average long-term liabilities... 100,000 Dividends declared.. 60,000 Capital expenditures.. 110,000 Payments of debt..... 35,000 Instructions (show formula & calculation) Calculate the following: a. Current Cash Debt Coverage ratio b) Cash Debt Coverage Ratio c) Free Cash Flow Paragraph V B I U V , lili
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