Question: During 2 0 2 2 , Boogle reported net income of $ 8 0 6 million and net cash inflow from operating activities of $
During Boogle reported net income of $ million and net cash inflow from operating activities of $ million. During Boogle's net income was $ million and net cash inflow from operations was $ million. Which of the following is incorrect about the quality of income ratios?
Multiple Choice
The ratio in both years shows the company's ability to generate positive cash flow from its operating activities.
Boogle's quality of income ratios indicate poor performance because net income is less than cash flow.
The ratio in was better than the ratio in
In the ratio was and in it was
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