Lincoln Corporation Reports the Following Information Lincoln's Cash Debt Coverage Ratio Is
A)1

Multiple Choice

Lincoln Corporation reports the following information: $\begin{array}{lr}\text { Net cash provided by operating activities } & \$ 255,000 \\\text { Average current liabilities } & 150,000 \\\text { Average long-term liabilities } & 100,000 \\\text { Dividends paid } & 60,000 \\\text { Capital expenditures } & 110,000 \\\text { Pavments of debt } & 35,000\end{array}$ Lincoln's cash debt coverage ratio is

A) 1.02.
B) 1.70.
C) 2.55.
D) 3.00.