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A Company Has Net Income of $43,560 with a Net

Question 28

Multiple Choice

A company has net income of $43,560 with a net cash flow from operations of $91,476 and a net change in cash of $84,942.The company spent $72,600 on property,plant,and equipment during the year.The company's capital acquisitions ratio is: approximately:


A) 0.60.
B) 1.17.
C) 1.26.
D) 1.67.

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