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(Analyzing the quality of firm earnings) Kabuteli, Inc. had net income of $700,000, cash fow from financing activities of $60,000, depreciation expenses of $70,000, and

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(Analyzing the quality of firm earnings) Kabuteli, Inc. had net income of $700,000, cash fow from financing activities of $60,000, depreciation expenses of $70,000, and cash flow from operating activities of $650,000. a. Calculate the quality of earnings ratio. What does this ratio tell you? b. Kabutell, Inc. reported the following in its annual reports for 2011-2013: Caiculate the average capital acquisitions ratio over the theee-year period. How would you interpret these results? a. What is Kabutel's qualty of eamings ratio? (Round to one decimal place.)

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