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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
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 $ 5,157 1,558 551 358 Increase in prepaid expense 78 Increase in accounts payable 728 Decrease in taxes payable 196 Increase in other current liabilities 739 Cash dividends paid Share repurchases 2,550 4,730 2. Compute the quality of income ratio. Note: Enter your answer in decimals, not in percentages, rounded to 2 decimal places. Quality of income ratio
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