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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 12: How Is the Statement of Cash Flows Prepared and Used
  5. Question
    A Capital Expenditure Ratio Greater Than 1
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A Capital Expenditure Ratio Greater Than 1

Question 55

Question 55

True/False

A capital expenditure ratio greater than 1.0 indicates the company was able to generate enough operating cash to cover investments in property,plant and equipment.

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