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Sand Co. reported the following selected information at March 31. 2022 Total current assets $275.890 Total assets 437,000 Tot
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Answer #1

1. Current ratio = Current assets / Current liabilities

Current assets = $275890, Current liabilities = $293500

Current ratio = $275890 / $293500 = 0.94

2. Debt to assets ratio = Total liabilities / Total assets * 100

Total liabilities = $355718, Total assets = $437000

Debt to assets ratio = $355718 / $437000 * 100 = 81.4%

3. Free cash flows = Net cash flow provided by operatimg activities - Capital expenditure

Net cash provided by operating activities = $62100, Capital expenditure = $24200

Free cash flows = $62100 - $24200 = $37900

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