In 2013, C Co

Multiple Choice

In 2013, C Co. disclosed cash paid for property, plant and equipment of $1.069 million and cash flow from operations of $3.883 million. Their average property, plant and equipment from the comparative statement of financial position was $3.968 million. Compute C Co.'s capital expenditures ratio for 2013.

A) .28
B) 3.63
C) .98
D) .77