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During 2016, Eva's Enterprises cash paid for property, plant and equipment was $755 million and cash flow from operating activities was $5,968 million. The average

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During 2016, Eva's Enterprises cash paid for property, plant and equipment was $755 million and cash flow from operating activities was $5,968 million. The average property plant, and equipment from the comparative balance sheets were $6,094 million. Eva's capital acquisitions ratio for 2016 is closest to: O 6.0 O 7.9 O 5.3 O 1.0 QUESTION 37 2. On January 1, 2016, Tonika Company issued a four-year, $10,000 7% bond. The interest is payable annually each December 31 . The issue price was $9668 based on an 8% effective interest rate. Tonika uses the effective-interest amortization method. The interest expense on the income statement for the year ended December 31, 2016 is closest to: O $677 $700 $883

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