Blossom Company reported the following selected information at March 31 Total current assets Total assets Total current liabilities Total liabilities Net cash provided by operating activities 2017 $252,500 431,500 284,500 374,000 62,100 Calculate the current ratio, the debt to assets ratio, and free cash flow for March 31, 2017. The company paid dividends of $11,000 and spent $24,500 on capital expenditures. (Round current ratio and debt to assets ratio to 2 decimal places, e. g. 15.25. If answer is negative enter it with a negative sign preceding the number e. g.-15,000 or in parentheses e. g. (15,000)) Current ratio Debt to assets Free cash flow
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Blossom Company reported the following selected information at March 31 Total current assets Total assets Total current liabilities Total ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In double-entry accounting, where should you record money that is leaving your company to pay bills?
Answers (1)
Income Statement Balance Sheet Sales $ 7,900 Current assets $ 3,900 Current liabilities $ 2,100 Costs 5,500 Fixed assets 8,600 Long-term debt 3,700 Taxable income $ 2,400 Equity 6,700 Taxes (25%) 600 Total $ 12,500 Total $ 12,500 Net income $ 1,800
Answers (1)
Enterprise zones are a. similar to incubator facilities but strictly run by city and state governments. b. blighted areas that contain toxic materials making them unsuitable for business operations. c. specific locations across the U. S.
Answers (1)
Select all that apply. Before speaking, the speaker should consider: providing feedback who the audience is where the speaking takes place maintaining eye contact
Answers (1)
Glenn Company purchased merchandise inventory with an invoice price of $9,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Glenn Company pays within the discount period? a. $8,100 b. $8,280 c. $8,820 d. $9,000
Answers (1)
New Questions in Business
Wallendo Corporation issued 5,000 shares of its $1 par value common stock as a stock dividend when the shares were selling for $10 per share. At the time of the dividend, Wallendo had 100,000 shares of common stock $5,000. $100,000. $50,000.
Answers (1)
Brian is struggling with the choice of publishing his new book, How to Cook Polish Barbeque, as an e-book or a paperback.
Answers (1)
Let's assume that your favorite musician (who sells platinum records and has sold-out concerts) is a great cook. He also makes splendid cakes and pies. He could sell the pies and cakes for $30 each.
Answers (1)
Without an adjusting entry for accrued interest expense, liabilities and interest expense are understated, and net income and stockholders' equity are overstated. True or false?
Answers (1)
Internal evidence: a) originates outside of the client's system but has been received and processed by the client. b) consists of representations made by the client's officers, directors, owners and employees.
Answers (1)