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Using the data in the picture, compute the following: Current cash debt coverage and Free Cash Flow

Using the data in the picture, compute the following: Current cash debt coverage and Free Cash Flow

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Using the data in the picture, compute the following: Current cash debt coverage and Free Cash Flow

2018 Financial Statement 299,000 135,000 Sales Cost of goods sold Operating expenses, other than depreciation expense Depreciation expense Gain on sale of plant assets 27,000 17,000 16,500 136,500 Net Income Dec. 31, 2017 43,400 1,800 21,250 1,150 Dec. 31, 2018 45,300 1,600 22,500 900 Accounts receivable Inventory Accounts payable Accrued liabilities
Transcribed Image Text:2018 Financial Statement 299,000 135,000 Sales Cost of goods sold Operating expenses, other than depreciation expense Depreciation expense Gain on sale of plant assets 27,000 17,000 16,500 136,500 Net Income Dec. 31, 2017 43,400 1,800 21,250 1,150 Dec. 31, 2018 45,300 1,600 22,500 900 Accounts receivable Inventory Accounts payable Accrued liabilities
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