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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	$

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9963750

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