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Statement of Cash Flows (Direct Method) The Artic Company's income statement and comparative balance sheets at December 31 of the current and previaus year are

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Statement of Cash Flows (Direct Method) The Artic Company's income statement and comparative balance sheets at December 31 of the current and previaus year are shown below: a. Calculate the change in cash that occurred during the current year. b. Prepare a statement of cash flows using the direct method. c. Compute free cash flow. d. Compute the operating-cash-flow-to-current-liabilities ratio. e. Compute the operating-cash-flow-to-capital-expenditures ratio. a. Change in Cash during the current year \$ b. Use a negative sign with cash outflow answers. c. Compute free cash flow \$ d. Compute the operating-cash-flow-to-current-liabilities ratio. Round answer to two decimal places. e. Compute the operating-cash-flow-to-capital-expenditures ratio. Round answer to two decimal places

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