QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS

62. - MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
MOCK AND SAMPLE EXAMS CFA CFA LEVEL I MOCK EXAM AFTERNOON 2013
62. An analyst has gathered the following information about a company: C$ millions Cash flow from operating activities 105.9 Cash flow from investing activities (11.8) Cash flow from financing activities 46.5 Net change in cash for the year 140.6 Interest paid (included in CFO) 22.4 Taxes paid (tax rate of 30%) 18.0 Total debt, end of year 512.8 The cash flow debt coverage ratio for the year is closest to: A. 20.6%. B. 23.7%. C. 27.4%.