Question: Cornerstone Exercise 11-22 (Algorithmic) Analyzing the Statement of Cash Flows Rollins Inc. is considering expanding its operations into different regions of the country; however this

 Cornerstone Exercise 11-22 (Algorithmic) Analyzing the Statement of Cash Flows Rollins

Cornerstone Exercise 11-22 (Algorithmic) Analyzing the Statement of Cash Flows Rollins Inc. is considering expanding its operations into different regions of the country; however this expansion will require significant cash flow as well as additional financing. Rollins reported the following information for 2011: cash provided by operating activities, $445,400; cash provided by investing activities, $108,700; average debt maturing over the next five years, $345,500; capital expenditures, $262,130; dividends, $40,000. Compute free cash flow and the cash flow adequacy ratio. Round ratio to two decimal places. Free cash flow $ Cash flow adequacy ratio Comment on Rollins ability to expand its operations. The input in the box below will not be graded, but may be reviewed and considered by your instructor

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