Question
St. Clair & Sons reported the following data: Cash flow from operations $35,000 Annual capital expenditures 12,500 Average current liabilities 20,000 Net Income 25,000 What
St. Clair & Sons reported the following data:
| Cash flow from operations | $35,000 |
| Annual capital expenditures | 12,500 |
| Average current liabilities | 20,000 |
| Net Income | 25,000 |
What is the companys operating funds ratio?
|
| A. 1.13 | |
|
| B. 1.75 | |
|
| C. 1.40 | |
|
| D. 2.80 |
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Financial & Managerial Accounting
Authors: Carl S. Warren
10th Edition
0324663811, 9780324663815
