Question - Concord Corporation reported the following selected information at March 31, 2017.
Total current assets $207,500
Total assets 440,500
Total current liabilities 293,500
Total liabilities 374,000
Net cash provided by operating activities 60,700
Calculate the current ratio, the debt to assets ratio, and free cash flow for March 31, 2017. The company paid dividends of $11,600 and spent $24,500 on capital expenditures.