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

Question 84

Multiple Choice

A company has net income of $43,560 with a net cash flow from operating activities of $91,476 and a net increase in cash of $84,942. The company paid $33,524 for income taxes and $25,000 for interest during the year. The company's quality of income ratio is:


A) 2.1.
B) 1.1.
C) 1.95.
D) 0.48.

Correct Answer:

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