Fresh Food Catering Ltds capital expenditure for the current year on new equipment was $196900. Current liabilities

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Fresh Food Catering Ltd’s capital expenditure for the current year on new equipment was $196900. Current liabilities and non-current liabilities were $98590 and $732800 respectively. Sales for the current year were $331650 and cash flows from operating activities totalled $108760. 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: 9780730369325

7th Edition

Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond

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