Calculate the current ratio and the debt to assets ratio

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Reference no: EM132473402

Wildhorse Co. reported the following selected information at March 31.

2022               Total current assets

$245,280         Total assets

437,000           Total current liabilities

292,000            Total liabilities

390,678            Net cash provided by operating activities

61,900

Question 1: Calculate the current ratio, the debt to assets ratio, and free cash flow for March 31, 2022. The company paid dividends of $10,700 and spent $24,400 on capital expenditures. (Round current ratio and debt to assets ratio to 2 decimal places, e.g. 15.25. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).)

Reference no: EM132473402

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