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Kimmel, Financial Accounting, Be
Assignment Gradebook ORION Downloadable eTextbook
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Question 1
Tamarisk, Inc. reported the following selected information at March 31.
2017
Total current assets
$235,000
Total assets
435,000
Total current liabilities
288,000
Total liabilities
375,000
Net cash provided by operating activities
62,400
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F
CALCULATOR
MESSAGE MY INSTRUCTOR F
Calculate the current ratio, the debt to assets ratio, and free cash flow for March 31, 2017. The company paid dividends of $10,900 and spent $25,900 on capital expenditures. (
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
:1
Debt to assets
%
Free cash flow $
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