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Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given below: Ditka Inc. Cash provided by operating activities Capital expenditures Dividends Average debt maturity over next 5 years Required: Compute Ditka's and McMahon's free cash flow and cash flow adequacy ratio. Round ratios to two decimal places. Free Cash Flow Adequacy Ratio 72.26 X Ditka Inc. McMahon Company 1,318,000 X $2,475,000 1,157,000 280,000 1,988,000 McMahon Company 65.17 X $1,639,000 748,000 191,000 1,212,000

Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given below: Ditka Inc. Cash provided by operating activities Capital expenditures Dividends Average debt maturity over next 5 years Required: Compute Ditka's and McMahon's free cash flow and cash flow adequacy ratio. Round ratios to two decimal places. Free Cash Flow Adequacy Ratio 72.26 X Ditka Inc. McMahon Company 1,318,000 X $2,475,000 1,157,000 280,000 1,988,000 McMahon Company 65.17 X $1,639,000 748,000 191,000 1,212,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given below: Ditka Inc. Cash provided by operating activities Capital expenditures Dividends Average debt maturity over next 5 years Required: Ditka Inc. McMahon Company $2,475,000 1,157,000 280,000 1,988,000 Compute Ditka's and McMahon's free cash flow and cash flow adequacy ratio. Round ratios to two decimal places. Free Cash Flow Adequacy Ratio 72.26 X 1,318,000 X McMahon Company 65.17 X $1,639,000 748,000 191,000 1,212,000
Transcribed Image Text:Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given below: Ditka Inc. Cash provided by operating activities Capital expenditures Dividends Average debt maturity over next 5 years Required: Ditka Inc. McMahon Company $2,475,000 1,157,000 280,000 1,988,000 Compute Ditka's and McMahon's free cash flow and cash flow adequacy ratio. Round ratios to two decimal places. Free Cash Flow Adequacy Ratio 72.26 X 1,318,000 X McMahon Company 65.17 X $1,639,000 748,000 191,000 1,212,000
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