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The statement of cash flows will not provide insight into Question 17
Laser Performance Inc. has the following information available
( amount in thousands).
Net Income
$ 30,000
Average Total Liabilities
80,000
Average Current Liabilities
36,000
Cash Provided by Operations
48,000
Cash Sales
130,000
Capital Expenditures
22,000
Dividends Paid
6,000
What is the current cash debt coverage? Question 18
Authentic Exposure Company had the following transactions that took place during the year: I. Paid amount owing to suppliers $ 2,750. II. Purchased new equipment for $ 5,000 by signing a long-term note payable. III. Purchased a patent and paid $ 15,000 cash for the asset.
How what is the total effect of these transactions on Free Cash Flow,
Current Cash Debt Coverage, and Cash Debt Coverage respectively?
Free
Current Cash Debt
Cash
Debt Cash Flow
Coverage
Coverage
Question 19
All of the following statements are true regarding cash flow presentations except Question 20