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(Analyzing the quality of firm earnings) Kabutell, Inc. had net income of $650,000, cash flow from financing activities of $90,000, depreciation of $70,000, and cash

(Analyzing the quality of firm earnings) Kabutell, Inc. had net income of $650,000, cash flow from financing activities of $90,000, depreciation of $70,000, and cash flow from operating activities of $650,000.

image text in transcribed 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: Calculate the average capital acquisitions ratio over the three-year period. How would you interpret these results

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