Ravenwood Limited reported current assets totaling $65,800 and current liabilities totaling $28,750 at December 31, Year 2The company's income statement and statement of cash flow for Year 2 appear below: Income Statement for Year 2 Sales Cost of goods sold $283,200 105,000 18,400 60,500 6,300 10,700 $ 84,300 Depreciation expense Other operating expenses Interest expense Income taxes expense Net income Statement of Cash Flow for Year 2 Operating activities Net income Depreciation expense Accounts receivable Inventory Accounts payable Income taxes payable Cash flow from operations $ 84,300 16,400 (4,750) 150 (3,050) 1,350 $94,400 Investing activities Marketable securities Equipment $ 1,000 (49,800) Cash flow for investing (48,800) Financing activities Common stock issued 9,500 Note payable borrowings 9,950 Note payable payments (8,750) Dividends paid (15,500) Cash flow for financing (4.800) Net increase in cash 40,800 Cash, beginning of year Cash, end of year 25,150 $85,950 Calculate the following ratios and measures for Ravenwood Limited for Year 2: A. Operating funds ratio B. Operating cash flow-to-current liabilities ratio C. Cash conversion ratio D. Earnings before interest, taxes, depreciation and amortization (EBITDA) E. Free cash flow F. Discretionary cash flow What can you conclude about the cash flow health of Ravenwood Limited from the ratios and measures? 3