SANDHILL INC. BALANCE SHEET DECEMBER 31, 2024

Cash $32.000

Accounts payable $62.000

Accounts receivable 57,800

Notes payable (long-term) 77.000

Investments 87.000

Common stock 201,000

Plant assets (net) 138.500

Retained earnings 42,300

Sandhill Inc. sold part of its investment portfolio for $20,100. This transaction resulted in a loss of $2,200 for the firm. The company classifies its investments as available-for-sale.

A tract of land was purchased for $26,000 cash.

Long-term notes payable in the amount of $30,100 were retired before maturity by paying $30,100 cash.

An additional $43,100 in common stock was issued at par.

Dividends of $20,100 were declared and paid to stockholders.

Net income for 2025 was $22,000 after allowing for depreciation of $9,100.

Land was purchased through the issuance of $62,000 in bonds payable.

At December 31, 2025, Cash was $47,300, Accounts Receivable was $62,800, and Accounts Payable remained at $62,000.

Compute two cashflows ratios:

Current Cash debt coverage ratio

cash debt coverage ratio