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Student Name 37. Packard Corporation reports the following information: Net cash provided by operating activities Average current liabilities Average long-term liabilities Dividends declared Capital expenditures

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Student Name 37. Packard Corporation reports the following information: Net cash provided by operating activities Average current liabilities Average long-term liabilities Dividends declared Capital expenditures Payments of debt $335,000 150,000 100,000 60,000 110,000 35,000 Packard's cash debt coverage is a. 1.34. b. 2.23. c. 3.35 d. 3.05

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