Capital Corporation reported the following information in its statement of cash flows:

Calculate, to one decimal place, the average capital acquisitions ratio for the period covering 2008-2010 and the capital acquisitions ratio for each year during the period. What does this analysis tell you about the company's need for using external financing to replace property, plant, and equipment?

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2008 2009 2010 Net cash flow from operating activities $35,000 $32,000 $23,000 Purchases of property, plant, and equipment 31,818 22,857 20,325