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In the current year, a company reported the following: Cash Flow from Operations: $245 million Average long-lived assets for the past two years: $1,985 million.
In the current year, a company reported the following:
- Cash Flow from Operations: $245 million
- Average long-lived assets for the past two years: $1,985 million.
- Cash paid for long-lived assets: $45 million
- Cash received from the sale of long-lived assets: $5 million
What is the company's capital acquisitions ratio based on the above information.
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