Refer to the annual report booklet. Evaluate the ease with which each of the four companies represented

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Refer to the annual report booklet. Evaluate the ease with which each of the four companies represented will be able to maintain their dividend payments in the future at 1996 amounts. (Hint: Compare current dividend amounts with net cash provided by operating activities.) Rank the companies in their ability to maintain their dividend payments by dividing their net cash provided by operating activities by their dividends paid.

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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