Compute the company cash flow adequacy ratio

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Question - Cash Flow Adequacy - On its most recent statement of cash flows, a company reported net cash provided by operating activities of $10,000,000. Its capital expenditures for the same year were $1,500,000. A note to the financial statements indicated that the total amount of debt that would mature over the next five years was $18,910,000.

Required - Compute the company's cash flow adequacy ratio. Round your answer to two decimal places.

Reference no: EM133173529

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