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The following information was available from the financial statements of Collateral, Inc. for the years 2019 and 2018 (in millions of dollars): + Cash flow
The following information was available from the financial statements of Collateral, Inc. for the years 2019 and 2018 (in millions of dollars): + Cash flow from operating activities Cash paid for purchases of property, plant, and equipment Property, plant, and equipment, net Dividends paid 2019 $5,968 755 6,091 3001 2018) $5,456 812 6,097 300 A. Calculate the capital acquisitions ratio for each of the two years. Round your answers to two decimals places. B. Calculate the free cash flow for each of the two years. C. Comment on the sufficiency of the capital acquisitions ratio and free cash flow for the two years and implications for future corporate strategy
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