FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Dawson Corp. reports the following information:
Net cash provided by operating activities: $285,000
Average current liabilities: $150,000
Average non-current liabilities: $100,000
Dividends declared: $60,000
Capital expenditures: $110,000
Payment of long-term debt: $35,000
What is Dawson's cash debt coverage ratio?
Question 11 options:
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1.14 |
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1.90 |
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2.28 |
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2.85 |
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