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Ratio Analysis Following are totals from selected financial statements of Magdalene Corporation for the years ended December 3 1 , 2 0 1 9 and
Ratio Analysis
Following are totals from selected financial statements of Magdalene Corporation for the years ended December and :
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Next Level Calculate the operating cash flow ratio for the year ended December If required, round your answer to two decimal places.
Operating cash flow ratio
Next Level Calculate the operating cash flow to total liabilities ratio for the year ended December If required, round your answer to two decimal places.
Operating cash flow to total liabilities ratio
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The operating cash flow ratio provides a measure of resources generated over a period of time, which a company may be able to use to meet current liabilities. The operating cash flow to total
liabilities ratio provides recognition of a company's ability to generate cash flows from operations to pay its debt.
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