Cullumber Company reports the following information:

Net cash provided by operating activities $372650
Average current liabilities 153000
Average long-term liabilities 104000
Dividends declared 61000
Capital expenditures 106000
Payments of debt 38000

Cullumber’s cash debt coverage is:

a. 3.52.
b. 1.45.
c. 2.44.
d. 3.58.

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

Hi inr 2002 class! i just uploaded a detailed study guide for this class. you can check-out a free preview by following the link below feel free to reach-out to me if you need a study buddy or have any questions. goodluck!

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were: