Operating-Cash-Flow-to-Current-Liabilities Ratio Activity reported by Los Altos, Inc. Cash flow from operating activities $3,750,000 Capital expenditures 2,125,000
Fantastic news! We've Found the answer you've been seeking!
Question:
Operating-Cash-Flow-to-Current-Liabilities Ratio
Activity reported by Los Altos, Inc. | |
---|---|
Cash flow from operating activities | $3,750,000 |
Capital expenditures | 2,125,000 |
Current liabilities, beginning of year | 750,000 |
Current liabilities, end of year | 810,000 |
Using the above data, calculate the operating-cash-flow-to-current-liabilities ratio for Los Altos, Inc. (Round to two decimals.)
Posted Date: