Which of the following is a ratio used to assess the extent to which operating cash flows
Question:
Which of the following is a ratio used to assess the extent to which operating cash flows are sufficient to cover replacement of property, plant, and equipment?
a. Free cash flow.
c. Current ratio.
b. Capital acquisitions ratio.
d. Quality of income ratio.
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Answer The correct answer is b Capital acquisitions ratio The c...View the full answer
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Related Book For 
Fundamentals Of Financial Accounting
ISBN: 9780073527109
3rd Edition
Authors: Fred Phillips, Robert Libby, Patricia A Libby
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