Compute Ratios from Statement of Cash Flow Information Use the following information, taken from each of the company's 2016 financial statements to complete the requirements.

	Cash from	Current
Company	Operations	Liabilities	CAPEX
Logitech International	$183.111	$414.930	$56.615
Steelcase Inc	186.400	557.500	93.400
Chico's FAS Inc.	196.991	298.131	84.841
Vista Outdoor Inc	198.002	368.901	41.526
Avnet Inc	224.315	4,942.493	147.548

a. Compute the operating cash flow to current liabilities ratios.

b. Rank-order each company from low to high liquidity (ability to pay liabilities as they come due).

c. Compute the operating cash flow to CAPEX ratio. Compared with the rule of thumb of 1.0, assess the company's solvency as either low, medium, or high.

d. Rank-order each company from low to high solvency.

Round answers to two decmial places. For ranking, 1 is the highest and 5 is the lowest.

	Operating Cash
	Flow to Current	Liquidity	Operating Cash	Solvency
Company	Liabilities	Rank	Flow to CAPEX	Rank
Logitech International	Answer	Answer12345	Answer	Answer12345
Steelcase Inc	Answer	Answer12345	Answer	Answer12345
Chico's FAS Inc.	Answer	Answer12345	Answer	Answer12345
Vista Outdoor Inc	Answer	Answer12345	Answer	Answer12345
Avnet Inc	Answer	Answer12345	Answer	Answer12345