question B1

Culver Corp's income statement for the year ended December 31, 2023, had the following condensed information: There were no purchases or sales of trading (FV-N1) irvestments during 2023. Culver's statement of financial position Included the following comparative data at December 31 : Prepare the operating activities section of the statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a negative sign e.g. 15,000 of in parenthesis e.g. (15,000). Assume that Culver's current cash debt coverage ratio in 2022 was 4.5 . Calculate the company's current cash debt coverage ratio in 2023. (Round answer to 1 decimal places, e.g. 7.5.) Cash debt coverage ratio times