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Following are totals from selected financial statements of Magdalene Corporation for the years ended December 31, 2019 and 2020: 12/31/19 12/31/20 Cash flows provided by

Following are totals from selected financial statements of Magdalene Corporation for the years ended December 31, 2019 and 2020:

12/31/19 12/31/20
Cash flows provided by operating activities $106,000 $95,000
Cash flows provided by investing activities 15,000 39,000
Cash flows used by financing activities (37,000) (48,000)
Net increase in cash $84,000 $86,000
Net income $56,000 $22,000
Current assets 124,000 135,000
Total assets 576,000 656,000
Current liabilities 87,000 113,000
Total liabilities 360,000 420,000

Next Level Calculate the operating cash flow ratio for the year ended December 31, 2020.

Operating cash flow ratio = fill in the blank 1

2. Next Level Calculate the operating cash flow to total liabilities ratio for the year ended December 31, 2020.

Operating cash flow to total liabilities ratio = fill in the blank 2

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