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A Company Generated $1,830,000 from Its Operating Activities and Spent

Question 190

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A company generated $1,830,000 from its operating activities and spent $1,200,000 on additions to its plant and equipment during the year.The total amount of debt that matures in the next five years is $900,000.Compute the company's cash flow adequacy ratio for the year.

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Cash Flow Adequacy = (Cash fro...

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