Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given...
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Analyzing the Statement of Cash Flows Information for Ditka Inc. and McMahon Company is given below: Ditka Inc. McMahon Company $2,475,000 $1,639,000 748,000 Cash provided by operating activities Capital expenditures Dividends Average debt maturity over next 5 years Required: 1,157,000 285,000 189,000 1,212,000 985,000 Compute Ditka's and McMahon's free cash flow and cash flow adequacy ratio. Round ratios to two decimal places. Free Cash Flow Adequacy Ratio Ditka Inc. McMahon Company
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