# Total liabilities are: \$431,023 Total assets are: \$1,099,569 Net income is: \$125,448 The net cash pr

Total liabilities are: \$431,023
Total assets are: \$1,099,569
Net income is: \$125,448
The net cash provided by operating activities for 2014 was \$207,106
The cash used for capital expenditures was \$109,819
The cash used for dividends was \$32,478
The average number of shares outstanding during the year was 50,000.

(a) Compute the following values and ratios for 2014. Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).

**I got #&#39;s 1-3 correct, I have not been able to get #&#39;s 4 & 5 but I showed the answers I have tried).

1) Working capital: \$293,166
2) Current ratio: 2.37:1
3) Free cash flow: \$64,809
4) Debts to assets ratio: (I tried 42.1% and it was wrong).
5) Earnings per share: (I tried \$1.86 and it was wrong).

• Posted: 4 years ago
• Budget: \$999999.99