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:


Required
Calculate the following cash sufficiency ratios for Precedent Ltd for 2017 and 2016:
1. Cash flow adequacy ratio
2. Repayment of long-term borrowings ratio
3. Dividend payment ratio.

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Related Book For  answer-question

Financial Accounting

ISBN: 9781118608203

9th Edition

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

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