Power Chair Company reported the following information in its annual report for 2012. Cash flows from operating activities $525,000 Capital Expenditures 300,000 Total payments expected to retire long-term debt over the next 3 years 150,000 What is the cash flow adequacy ratio for 2012 for Power Chair Company?
A) 0.50
B) 3.50
C) 4.50
D) 8.00
C
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Answer the following statement true (T) or false (F)
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Answer the following statement true (T) or false (F)