Gray's Books & Music Inc. reported the following selected information at March 31.
|
|
2014 |
| Total current assets |
|
$260,961 |
| Total assets |
|
440,259 |
| Total current liabilities |
|
293,365 |
| Total liabilities |
|
375,701 |
| Ne cash provided by operating activities |
|
62,546 |
Calculate the current ratio, the debt to assets ratio, and free cash flow for March 31, 2014. The company paid dividends of $13,383 and spent $25,393 on capital expenditures. (Round current ratio and debt to assets ratio to 2 decimal places, e.g. 15.25. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).)
| Current ratio |
|
 |
:1 |
| Debt to assets |
|
|
% |
| Free cash flow |
|
$ |
|