(Analyzing the quality of firm earnings) Kabutell, Inc. had net income of $750,000, cash flow from financing activities of $50,000, depreciation expenses of $50,000, and cash flow from operating activities of $575,000. a. Calculate the quality of earnings ratio. What does this ratio tell you? b. Kabutell, Inc. reported the following in its annual reports for 2011-2013: ($ million) Cash Flow from Operations Capital Expenditures (CAPEX) 2011 $478 $459 2012 $403 $447 2013 $470 $456 Calculate the average capital acquisitions ratio over the three-year period. How would you interpret these results? (Analyzing the quality of firm earnings) Kabutell, Inc. had net income of $750,000, cash flow from financing activities of $50,000, depreciation expenses of $50,000, and cash flow from operating activities of $575,000. a. Calculate the quality of earnings ratio. What does this ratio tell you? b. Kabutell, Inc. reported the following in its annual reports for 2011-2013: ($ million) Cash Flow from Operations Capital Expenditures (CAPEX) 2011 $478 $459 2012 $403 $447 2013 $470 $456 Calculate the average capital acquisitions ratio over the three-year period. How would you interpret these results