Sunland Corporation reports the following information for 2026: Net cash provided by operating activities Average current liabilities Average long-term liabilities Dividends declared Capital expenditures Payments of debt Sunland's cash debt coverage is $362500 144000 106000 55000 101000 36000

Sunland Corporation reports the following information for 2026: Net cash provided by operating activities Average current liabilities Average long-term liabilities Dividends declared Capital expenditures Payments of debt Sunland's cash debt coverage is $362500 144000 106000 55000 101000 36000

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 32BE

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Question

Sunland Corporation reports the following information for 2026:
Net cash provided by operating activities
Average current liabilities
Average long-term liabilities
Dividends declared
Capital expenditures
Payments of debt
Sunland's cash debt coverage is
1.45.
3.59.
2.52.
3.42.
$362500
144000
106000
55000
101000
36000

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