You have been given the following information regarding an entity. One of your friends is interested in
Question:
You have been given the following information regarding an entity. One of your friends is interested in investing in it. Help your friend by calculating some cash-based ratios, explaining what the ratios are measuring.
Transcribed Image Text:
Cash from operating activities Capital expenditure Current liabilities Non-current liabilities Sales revenue Dividends paid $92 000 187 500 84 000 492 500 79 500 22 500
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Cash flow ratio Net cash flows from operating activities current Liabilities 92000 84000 109 times T...View the full answer
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730369325
7th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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