Lincoln Company reported the following information in its annual report for 2016. $\begin{array}{lr}
\text { Cash flows from operating activities } & \$ 300,000 \
\text { Capital Expenditures } & 225,000 \
\text { Average amount of debt maturing over the next } 5 \text { years } & 200,000
\end{array}$ What is the cash flow adequacy ratio for 2016 for Lincoln Company?
A) 0.38
B) 1.50
C) 1.88
D) 7.50

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The Answer of Lincoln Company reported the following information in its annual report for 2016. $\begin{array}{lr}
\text { Cash flows from operating activities } & \$ 300,000 \
\text { Capital Expenditures } & 225,000 \
\text { Average amount of debt maturing over the next } 5 \text { years } & 200,000
\end{array}$ What is the cash flow adequacy ratio for 2016 for Lincoln Company?
A) 0.38
B) 1.50
C) 1.88
D) 7.50

Lincoln Company Reported the Following Information in Its Annual Report