Business, 07.12.2021 02:20 helpmeplease519
Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given below:
Ditka Inc. McMahon Company
Cash provided by operating activities $2,475,000 $1,639,000
Capital expenditures 1,157,000 748,000
Dividends 285,000 189,000
Average debt maturity over next 5 years 985,000 1,212,000
Required:
Compute Ditka's and McMahon's free cash flow and cash flow adequacy ratio. Round ratios to two decimal places.
Answers: 3
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Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given below:...
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