Computing and Analyzing Cash Flow Ratios Selected financial information for Snap Inc. and Golden Eagle Inc. follows. ($ millions) Current liabilities, January 30, 2020 Current liabilities, January 31, 2019 Total liabilities, January 30, 2020 Total liabilities, January 31, 2019 Cash provided by operating activities, 2020 Cash paid for capital expenditures, 2020 Cash paid for dividends, 2020 Golden Eagle Snap $10,140 $2,830 13,627 2,754 For Fiscal Year Ended Jan 30, 2020 ($ millions) 1. Current cash debt coverage 2. Cash debt coverage 3. Free cash flow 28,582 3,310 28,713 3,286 9,564 2,018 4,429 1,000 2,375 563 a. For each company, compute the following ratios for the fiscal year ended January 30, 2020: current cash debt coverage, cash debt coverage, and free cash flow. • Round your answer to two decimal places (for example, enter 20.46 for 20.4555558). Snap 0 0 0 Golden Eagle 0 0 0

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Chapter1: Financial Statements And Business Decisions
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Computing and Analyzing Cash Flow Ratios
Selected financial information for Snap Inc. and Golden Eagle Inc. follows.
($ millions)
Current liabilities, January 30, 2020
Current liabilities, January 31, 2019
Total liabilities, January 30, 2020
Total liabilities, January 31, 2019
Cash provided by operating activities, 2020
Cash paid for capital expenditures, 2020
Cash paid for dividends, 2020
For Fiscal Year Ended Jan 30, 2020
($ millions)
1. Current cash debt coverage
Golden
Snap Eagle
$10,140 $2,830
13,627 2,754
a. For each company, compute the following ratios for the fiscal year ended January 30, 2020: current cash debt coverage, cash debt coverage, and free cash flow.
• Round your answer to two decimal places (for example, enter 20.46 for 20.4555558).
2. Cash debt coverage
3. Free cash flow
28,582 3,310
28,713 3,286
9,564 2,018
4,429 1,000
2,375 563
Snap
0
0
0
Golden
Eagle
0
0
0
Transcribed Image Text:Computing and Analyzing Cash Flow Ratios Selected financial information for Snap Inc. and Golden Eagle Inc. follows. ($ millions) Current liabilities, January 30, 2020 Current liabilities, January 31, 2019 Total liabilities, January 30, 2020 Total liabilities, January 31, 2019 Cash provided by operating activities, 2020 Cash paid for capital expenditures, 2020 Cash paid for dividends, 2020 For Fiscal Year Ended Jan 30, 2020 ($ millions) 1. Current cash debt coverage Golden Snap Eagle $10,140 $2,830 13,627 2,754 a. For each company, compute the following ratios for the fiscal year ended January 30, 2020: current cash debt coverage, cash debt coverage, and free cash flow. • Round your answer to two decimal places (for example, enter 20.46 for 20.4555558). 2. Cash debt coverage 3. Free cash flow 28,582 3,310 28,713 3,286 9,564 2,018 4,429 1,000 2,375 563 Snap 0 0 0 Golden Eagle 0 0 0
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