Following are data from the financial statements for Houma Company.
Houma Company
Selected Financial Statement Data
For the Years Ended December 31, 2013 and 2012
.................................................................................... 2013 .................. 2012
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $35,500 ............ $ 65,200
Cash from operating activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28,900 ............ 158,130
Cash paid for purchase of fixed assets . . . . . . . . . . . . . . . . . . . . . . . . 42,000 ............ 156,000
Cash paid for interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26,000 ............ 24,000
Cash paid for income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000 ............ 25,670
Compute the following for both 2012 and 2013:
1. Cash-flow-to-net-income ratio
2. Cash flow adequacy ratio
3. Cash times interest earned ratio?