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The following information is from the financial statements of Evans & Sons, Cash flow from operating activities $1,600,000 Capital expenditures 850,000 Current liabilities, beginning of
The following information is from the financial statements of Evans & Sons, Cash flow from operating activities $1,600,000 Capital expenditures 850,000 Current liabilities, beginning of year 300,000 Current liabilities, end of year 380,000 Calculate the operating-cash-flow-to-current-liabilities ratio for Evans & Sons. Round answer to two decimal places
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