Selected data taken from a recent year's financial statements of trading card company Topps Company, Inc. are as follows (in millions).
| Net sales |
|
$326.7 |
| Current liabilities, beginning of year |
|
41.1 |
| Current liabilities, end of year |
|
62.4 |
| Net cash provided by operating activities |
|
10.4 |
| Total liabilities, beginning of year |
|
65.2 |
| Total liabilities, end of year |
|
73.2 |
| Capital expenditures |
|
3.7 |
| Cash dividends |
|
6.2 |
Compute these ratios: current cash debt coverage ratio, cash debt coverage ratio, and free cash flow. Provide a brief interpretation of your results.
| Current cash debt coverage ratio |
|
 |
times |
| Cash debt coverage ratio |
|
|
times |
| Free Cash Flow |