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Required information [The following information applies to the questions displayed below.) A recent annual report for Bubblico contained the following information for the period (dollars
Required information [The following information applies to the questions displayed below.) A recent annual report for Bubblico contained the following information for the period (dollars in millions): Net income Depreciation and amortization Increase in accounts receivable Increase in inventory Increase in prepaid expense Increase in accounts payable Decrease in taxes payable Increase in other current liabilities Cash dividends paid Treasury stock purchased $ 5,152 1.552 550 354 82 721 189 745 2.552 4,729 2. Compute the quality of income ratio. (Round your answer to 2 decimal places.) Quality of income ratio
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