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During 2019, Boogle reported net income of $807 million and net cash inflow from operating activities of $1,284 million. During 2018, Boogle's net income was
During 2019, Boogle reported net income of $807 million and net cash inflow from operating activities of $1,284 million. During 2018, Boogle's net income was $607 million and net cash inflow from operations was $1,347 million. Which of the following is incorrect about the quality of income ratios? Multiple Choice O The ratio in both years shows the company's ability to generate positive cash flow from its operating activities. Boogle's quality of income ratios indicate poor performance because net income is less than cash flow. In 2018 the ratio was 2.2 and in 2019 it was 1.6 The ratio in 2018 was better than the ratio in 2019
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