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Eddie Corporation had the following data for 2016: Net cash flows from operating activities $ 7,376,000 Current liabilities at January 1, 2016 $ 9,600,000 Current
Eddie Corporation had the following data for 2016: Net cash flows from operating activities $ 7,376,000 Current liabilities at January 1, 2016 $ 9,600,000 Current liabilities at December 31, 2016 $17,200,000 Eddie's operating-cash-flow-to-current-liabilities ratio for 2016 is: A. 0.77 B. 0.43 C. 0.55 D. 0.48
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