Using the following information, compute the following ratios:
(1) Cash-flow-to-net-income,
(2) Cash flow adequacy, and
(3) Cash times interest earned.
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $18,000
Cash flow from operating activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,000
Cash paid for capital expenditures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23,500
Cash paid for acquisitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,000
Cash paid for interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,800
Cash paid for income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,700