15. Show your calculation for the Operating Cash Flows & Dividends Ratio (Cash generated by or (used in) operating activities/Dividends) to two decimal places for the most recent three years.

2017: $64,225/$13,735=4.68

2016: $66,231/$12,803=5.17

2015: $81,266/$12,188 =6.67

16. In one or two sentences, briefly explain what the calculations mean. What does the trend show? Hint: This ratio indicates whether or not enough money was generated from operations to cover the dividend payment. ?

17. . Show your calculation for the Operating Cash Flows & Sales Ratio (Cash generated by or (used in) operating activities/Total Revenue or Net Sales) to two decimal places for the most recent three years.

2017: $64,225 /$229,234=0.28

2016: $66,231 /$215,639=0.31

2015: $81,266 /$233,715=0.35

18. In one or two sentences, briefly explain what the calculations mean. What does the trend show? Hint: This ratio indicates how much cash is generated from or (used in) operations for every dollar in sales. This is a way to measure the efficiency of operations in generating cash from sales.