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Shown below are comparative balance sheets for Schmitt Company. Additional information: Prepare a statement of cash flows for 2014 using the indirect method. (Show amounts

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Shown below are comparative balance sheets for Schmitt Company. Additional information: Prepare a statement of cash flows for 2014 using the indirect method. (Show amounts that decrease cash flow with a - sign e.g, -15,000, or in parenthesis e.g. (15,000)). Compute these cash-based ratios: (Round ratios to 2 decimal places. 2.56.) Current cash debt coverage. Cash debt coverage. Shown below are comparative balance sheets for Schmitt Company. Additional information: Prepare a statement of cash flows for 2014 using the indirect method. (Show amounts that decrease cash flow with a - sign e.g, -15,000, or in parenthesis e.g. (15,000)). Compute these cash-based ratios: (Round ratios to 2 decimal places. 2.56.) Current cash debt coverage. Cash debt coverage

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