Based on the following, what is the free cash flow and the cash flow adequacy...
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Accounting
Based on the following, what is the free cash flow and the cash flow adequacy ratio? (Round the ratio to one decimal place.)
Net cash flows from operating activities
$318,000
Net cash flows used for investing activities
(125,000)
Net cash flows used for financing activities
(30,000)
Average amount of debt maturing over the next five years
150,000
Of the net cash flows used for investing activities, 80% was for the purchase of property, plant, and equipment. Cash flows from (used for) financing activities include $70,000 of borrowing.
Free cash flow:
$fill in the blank 1
Cash flow adequacy ratio:
fill in the blank 2 %
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