# Total liabilities are: $431,02

**Question description**

Total liabilities are: $431,023

Total assets are: $1,099,569

Net income is: $125,448

The net cash provided by operating activities for 2014 was $207,106

The cash used for capital expenditures was $109,819

The cash used for dividends was $32,478

The average number of shares outstanding during the year was 50,000.

(a) Compute the following values and ratios for 2014. Round Current Ratio and Earnings per share to 2 decimal places, e.g. 15.25 and Debt to assets ratio to 1 decimal place, e.g. 78.9%. If answer is negative enter it with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).

**I got #'s 1-3 correct, I have not been able to get #'s 4 & 5 but I showed the answers I have tried).

1) Working capital: $293,166

2) Current ratio: 2.37:1

3) Free cash flow: $64,809

4) Debts to assets ratio: (I tried 42.1% and it was wrong).

5) Earnings per share: (I tried $1.86 and it was wrong).

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