What is the cash-flow-statement based accrual ratio of this firm for the year of 20X2?

Group of answer choices

0.28

 

0.20

 

0.03

 

-0.18

 

-0.28

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 20X2	Oct. 31, 20X1	Oct. 31, 20X0
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings	$117,658	$93,237	$62,837
Adjustments to reconcile net earnings to net cash provided by operating activities:
Provision for depreciation, amortization, and impairment losses	48,506	45,011	44,535
Noncash (income) loss from affiliates	-5,682	-2,599	136
Gain on disposal of property, plant, and equipment	-118	-85	-18
(Increase) decrease in deferred income taxes	-2,006	2,940	4,691
Stock-based compensation expense	8,533	6,442	4,116
Changes in operating assets and liabilities, net of effect of acquisitions:
Receivables, net	-2,908	-80	126,721
Inventories, net	-25,667	-9,920	40,036
Prepaid expenses and other assets	-7,144	3,056	-4,360
Accounts payable, accrued liabilities, deferred revenue, and other long-term liabilities	-17,295	55,505	-27,224
Net cash provided by operating activities	113,877	193,507	251,470
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant, and equipment, net	-57,447	-48,699	-37,939
Proceeds from asset disposals	653	574	208
Distributions from (investments in) finance affiliate, net	3,034	-3,659	-3,811
(Increase) decrease in other assets	-360	635	1,982
Acquisitions, net of cash acquired	-15,155	-9,657	-6,400
Net cash used in investing activities	-69,275	-60,806	-45,960
CASH FLOWS FROM FINANCING ACTIVITIES:
(Decrease) increase in short-term debt, net	-776	776	-2,326
Repayments of long-term debt	-1,857	-3,646	-3,422
Excess tax benefits from stock-based awards	2,988	3,396	7,403
Proceeds from exercise of stock options	14,467	16,680	13,726
Purchases of Toro common stock	-129,955	-135,777	-115,283
Dividends paid on Toro common stock	-24,970	-23,721	-21,403
Net cash used in financing activities	-140,103	-142,292	-121,305
Effect of exchange rates on cash	-979	-816	4,209
Net (decrease) increase in cash and cash equivalents	-96,480	-10,407	88,414
Cash and cash equivalents as of the beginning of the fiscal year	177,366	187,773	99,359
Cash and cash equivalents as of the end of the fiscal year	80,886	177,366	187,773
Cash paid during the fiscal year for:
Interest	17,120	17,281	17,724
Income taxes	60,296	28,569	29,803
Shares issued in connection with stock-based compensation plans	4,005	903	1,524
Long-term debt issued in connection with acquisitions	$3,515	$440	$1,500