Calculate a the current ratio b the debt to total assets

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Reference no: EM13483070

Kalb"s Books & Music Inc. reported the following selected information at March 31.


2012

Total current assets

$262,787

Total assets

439,832

Total current liabilities

293,625

Total liabilities

376,002

Cash provided by operating activities

62,300

Calculate (a) the current ratio, (b) the debt to total assets ratio, and (c) free cash flow for March 31, 2012. The company paid dividends of $12,000 and spent $24,787 on capital expenditures.

Reference no: EM13483070

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