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Operating-Cash-Flow-to-Current-Liabilities Ratio Activity reported by Los Altos, Inc. Cash flow from operating activities $3,000,000 Capital expenditures 1,700,000 Current liabilities, beginning of year 600,000 Current liabilities,
Operating-Cash-Flow-to-Current-Liabilities Ratio
| Activity reported by Los Altos, Inc. | |
|---|---|
| Cash flow from operating activities | $3,000,000 |
| Capital expenditures | 1,700,000 |
| Current liabilities, beginning of year | 600,000 |
| Current liabilities, end of year | 792,000 |
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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QuickBooks A Basic Guide To Learn The Principles Of Bookkeeping And Accounting For Beginners
Authors: Marcus Smalling
1st Edition
1655431773, 978-1655431777
