4.
Net cash provided by operating activities was $ 58,500.
5.
Capital expenditures were $ 26,100, and cash dividends were $ 17,300.
Compute the following ratios at December 31, 2014.
Exercise 13-13
Your answer is partially correct.
The condensed financial statements of Elliott Company for the years 2013 and 2014 are presented below.
ELLIOTT COMPANY Balance Sheets