Question 4 (1 point)
Stonehenge Corp. reported the following information in its annual report for 2012.
Cash flows from operating activities $299,000
Capital Expenditures 225,000
Average amount of debt maturing over the next 5 years 200,000
What is the cash flow adequacy ratio for 2012 for Stonehenge Corp.?
1.87
1.49
37
7.49