C17.l3. A firm has a capital expenditure-to-depreciation ratio of 1.6 overthree years. What might youinferfrom thisratio?

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C17.l3. A firm has a capital expenditure-to-depreciation ratio of 1.6 overthree years.

What might youinferfrom thisratio?

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Financial Statement Analysis And Security Valuation

ISBN: 9780071267809

4th International Edition

Authors: Penman-Stephen-H, Steven Penman

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