A company reports the amounts below in its financial statements. Net cash flow from operating activities $37,570 Total net cash flow 73,440 Current liabilities beginning of year 42,240 Current liabilities end of year 47,520 What is the company's operating cash flows to current liabilities ratio at the end of the year? Select one: a. 1.64 b. None of these are correct c. 0.79 d. 1.55 e. 0.84
A company reports the amounts below in its financial statements. Net cash flow from operating activities $37,570 Total net cash flow 73,440 Current liabilities beginning of year 42,240 Current liabilities end of year 47,520 What is the company's operating cash flows to current liabilities ratio at the end of the year? Select one: a. 1.64 b. None of these are correct c. 0.79 d. 1.55 e. 0.84
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter6: Cash And Internal Control
Section: Chapter Questions
Problem 6.2E
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Question
A company reports the amounts below in its financial statements.
Net cash flow from operating activities | $37,570 |
Total net cash flow | 73,440 |
Current liabilities beginning of year | 42,240 |
Current liabilities end of year | 47,520 |
What is the company's operating
Select one:
a. 1.64
b. None of these are correct
c. 0.79
d. 1.55
e. 0.84
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