Question: Question 24. Shown below are data for five companies from the same industry. Std Deviation of Operating profit after tax for the period 1994-2004

Question 24. Shown below are data for five companies from the same

Question 24. Shown below are data for five companies from the same industry. Std Deviation of Operating profit after tax for the period 1994-2004 Std Deviation of Cash flow from operations for the period 1994-2004 Company A 1.4 Company B 1.3 Company C 1.2 Company D 1.2 Company E 1.3 1.2 1.3 1.4 1.8 2.7 From this data alone, which company appears to be smoothing its earnings more relative to cash flow from operations? (A) Company A (B) Company B (C) Company C (D) Company D (E) Company E I

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