Corporate Catering Ltds capital expenditure for the current year of new equipment was $146900. Current liabilities and
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Corporate Catering Ltd’s capital expenditure for the current year of new equipment was $146900. Current liabilities and non-current liabilities were $48590 and $682800 respectively. Sales for the current year were $281650, and cash flows from operating activities totalled $58760. Compute the cash adequacy ratio, cash flow ratio, debt coverage ratio and cash flow to sales ratio.
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Accounting Business Reporting For Decision Making
ISBN: 9780730363415
6th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver
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