The following information was available from the financial statements of Collateral, Inc. for the years 2016 and 2015 (in millions of dollars): Required:
A.Calculate the capital acquisitions ratio for each of the two years.Round your answers to two decimal places.
B.Calculate the free cash flow for each of the two years.
C.Comment on the sufficiency of the capital acquisitions ratio and free cash flow for the two years and implications for future corporate strategy.

Question

The following information was available from the financial statements of Collateral, Inc. for the years 2016 and 2015 (in millions of dollars):  Required: 
A.Calculate the capital acquisitions ratio for each of the two years.Round your answers to two decimal places.
B.Calculate the free cash flow for each of the two years.
C.Comment on the sufficiency of the capital acquisitions ratio and free cash flow for the two years and implications for future corporate strategy.

Quizplus · Accepted Answer

The Answer of The following information was available from the financial statements of Collateral, Inc. for the years 2016 and 2015 (in millions of dollars):  Required: 
A.Calculate the capital acquisitions ratio for each of the two years.Round your answers to two decimal places.
B.Calculate the free cash flow for each of the two years.
C.Comment on the sufficiency of the capital acquisitions ratio and free cash flow for the two years and implications for future corporate strategy.

The Following Information Was Available from the Financial Statements of Collateral