Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN: 9781337690881
Author: Jay Rich, Jeff Jones
Publisher: Cengage Learning
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Bell Corporation reports the following information:

Net cash provided by operating activities    $275,000

Average current liabilities                                     150,000

Average non-current liabilities                             100,000

Cash dividends declared                                         60,000

Capital expenditures (for daily operations)           110,000

Payments of debt                                                     35,000

Bell’s: 

a) cash debt coverage isAnswer 1 Question 4: 1

b) current cash debt coverage is Answer 2 Question 4: 1

c) free cash flow is  $Answer 3 Question 4 

 

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