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Lucas Company has provided the following information: Cash flow from operating activities, $395,000 Net income, $322,000 Interest expense, $32,400 Interest cash payments, $21,600 Income tax
Lucas Company has provided the following information: Cash flow from operating activities, $395,000 Net income, $322,000 Interest expense, $32,400 Interest cash payments, $21,600 Income tax payments, $256,000 Income tax expense, $247,600 What was Lucas quality of income ratio?
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0.76
1.23
0.93
0.82
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