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Operating-Cash-Flow-to-Current-Liabilities Ratio Activity reported by Los Altos, Inc. Cash flow from operating activities $3,750,000 Capital expenditures 2,125,000 Current liabilities, beginning of year 750,000 Current liabilities,
Operating-Cash-Flow-to-Current-Liabilities Ratio
| Activity reported by Los Altos, Inc. | |
|---|---|
| Cash flow from operating activities | $3,750,000 |
| Capital expenditures | 2,125,000 |
| Current liabilities, beginning of year | 750,000 |
| Current liabilities, end of year | 810,000 |
Using the above data, calculate the operating-cash-flow-to-current-liabilities ratio for Los Altos, Inc. (Round to two decimals.)
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
