You are provided with the following information from the statement of cash flows for Precedent Ltd. Required

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You are provided with the following information from the statement of cash flows for Precedent Ltd.

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Required

Calculate the following cash sufficiency ratios for Precedent Ltd for 2020 and 2019:

i. cash flow adequacy ratio

ii. repayment of long-term borrowings ratio

iii. dividend payment ratio.

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Related Book For answer-question

Financial Accounting

ISBN: 9780730363217

10th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie, Andreas Hellmann, Jodie Maxfield

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Question Posted: Mar 09, 2024 06:03 AM

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You are provided with the following information from the statement of cash flows for Precedent Ltd. Required

Question:

2019 $640 $680 120 135 820 280 220 220 Cash flow from operating activities Repayment of long-term borrowings Assets acquired Dividends paid 2020

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Financial Accounting

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