Question
A company reports the amounts below in its financial statements. What is the company's operating cash flows to current liabilities ratio at the end of
A company reports the amounts below in its financial statements. What is the company's operating cash flows to current liabilities ratio at the end of the year?
Net cash flow from operating activities
$37,570
Total net cash flow
73,440
Current liabilities beginning of year
38,400
Current liabilities end of year
43,200
A.0.85
B.0.87
C.0.92
D.1.70
E.1.80
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Fundamentals Of Advanced Accounting
Authors: Joe Hoyle
4th Edition
78136636, 978-0078136634
