Answer:
- 0.66 : 1
- 0.25 : 1
Step-by-step explanation:
1. Current Cash Debt Coverage ratio;

Net Cash from operating activities = Net Income + Depreciation - Gain on sale of investments - Increase in Accounts receivable
= 33,840 + 11,331 - 3,731 - (43,440 - 23,040)
= $21,040
Current Cash debt coverage

= 0.66 : 1
2. Cash Debt Coverage ratio;

Opening liabilities = 31,840 + 42,840 = $74,680
Closing Liabilities = Accounts payable + Net notes + Bond
= 31,840 + (42,840 - 16,331) + 36,840
= $95,189
Cash debt coverage

= 0.24772
= 0.25 : 1