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Brief Exercise 2-5 Your answer is partially corect. Try again. Metlock, Inc, reported the following selected Information at March 31. Total current assets Total assets Total current liabilities Total liabilities Net cash provided by operating activities 2017 $220,000 429,000 291,000 377,500 63,300 to 2 decimal places, e.q1 Calculate the current ratio the debt to assets ratio and rec cash flow or March 31 2017. The compan pa dv dends of $11,200 and spent牟25,200 on capital expenditures ncgative enter it with a negative sign umber c.g. -15,000 or in parentheses c.g. 15,000).) Round current rat and debt to t sets ratio places e q 15.25 1farzsw en preceding the n Debt to assets Free cash flow

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Answer #1

1) Debt to Asset Ratio = Total Liabilities / Total Assets = 377500/438000 = 86.19%

2) Free Cash flows = Net cash flows provided by operating activities - Capital Expenditure = $63300 - $25200 = $38100

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