You have been asked to calculate the current cash debt coverage ratio for MJL Ltd. Which information below would you need (choose all that apply):Group of answer choicesNet credit salesAverage total liabilitiesAverage current liabilitiesNone of the information choices are requiredNet cash provided by investing activitiesNet cash provided by operating activities

The Cash Flow Coverage Ratio measures _________.1 pointhow well a company can pay its expensescompany solvencyhow well a company converts sales to casha company’s ability to pay its short-term obligations13.Question 13The cash flow margin ratio demonstrates _________.1 pointcompany solvencyhow well a company converts sales to casha company’s ability to pay its short-term obligations how well a company produces cash from its total revenue14.Question 14DigiWidgit recorded operating cash flows totaling $152,000 and the total debt payable for the year was $77,000 What is their Cash Flow Coverage Ratio? (enter your answer as a decimal and round to the nearest hundredth, example x.xx)

Jarman Company had current and noncurrent liabilities of $50,000 and $160,000, respectively. The company’s current assets were $76,000, out of a total asset figure of $457,000. Calculate the company’s debt ratio. (

Using the financial statements below, calculate the debt to equity ratio for the current year. Please calculate to 2 decimal places.Profit and loss statement Current year Prior yearRevenue 14,800 18,500Less Cost of sales 6,000 7,500Gross profit 8,800 11,000Less expenses Wages Expense 5,500 6,500Interest Expense 2,200 2,000Depreciation Expense 1,000 1,200Advertising Expense 900 800Net profit (800) 500BALANCE SHEET Current year Prior yearCurrent assets Cash 14,250 16,700Accounts Receivable 14,000 3,500Inventory 6,000 2,500Prepaid Expenses 650 1,500Non-current assetsProperty Plant Equipment 192,500 193,500Land 210,000 210,000Total assets 437,400 427,700Current liabilitiesAccounts Payable 11,700 4,200Unearned Revenue 3,500 2,000Wages Payable 3,500 2,500Non-current liabilitiesBank Loan 118,000 122,500Total liabilities 136,700 131,200NET ASSETS 300,700 296,500Equity Share Capital 255,000 250,000Retained Earnings 45,700 46,500TOTAL EQUITY 300,700 296,500

Which of the following cash flow ratios is used to determine an entity’s solvency?Debt coverage ratio.Cash adequacy ratio.Free cash flow ratio.Cash flow ratio.

Using the financial statements below, calculate the current ratio for the current year. Please calculate to 2 decimal places.Profit and loss statement Current year Prior yearRevenue 14,800 18,500Less Cost of sales 6,000 7,500Gross profit 8,800 11,000Less expenses Wages Expense 5,500 6,500Interest Expense 2,200 2,000Depreciation Expense 1,000 1,200Advertising Expense 900 800Net profit (800) 500BALANCE SHEET Current year Prior yearCurrent assets Cash 14,250 16,700Accounts Receivable 14,000 3,500Inventory 6,000 2,500Prepaid Expenses 650 1,500Non-current assetsProperty Plant Equipment 192,500 193,500Land 210,000 210,000Total assets 437,400 427,700Current liabilitiesAccounts Payable 11,700 4,200Unearned Revenue 3,500 2,000Wages Payable 3,500 2,500Non-current liabilitiesBank Loan 118,000 122,500Total liabilities 136,700 131,200NET ASSETS 300,700 296,500Equity Share Capital 255,000 250,000Retained Earnings 45,700 46,500TOTAL EQUITY 300,700 296,500