Question: please provide answer with written formula Knowledge Check 01 The statement of cash flows prepared by Wilt, Inc., reported net income of $100,000, net cash

please provide answer with written formula

Knowledge Check 01 The statement of cash flows prepared by Wilt, Inc., reported net income of $100,000, net cash flows from operating activities of $80,000, net cash flows from investing activities of $200,000, net cash flows from financing activities of $50,000, and an increase in cash and cash equivalents of $350,000. What was its quality of earnings? (Round your answer to 2 decimal places.) Quality of earnings 200

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