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

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

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 32BE

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Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital expenditures of $112,900, cash dividends of $35,800, and average maturities of long-term debt over the next 5 years of $122,300. What is Chasses free cash flow and cash flow adequacy ratio? a. $94,300 and 0.77, respectively c. $130,100 and 1.06, respectively b. $94,300 and 0.82, respectively d. $165,900 and 1.36, respectively
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Please show calculation
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