Reviewing the statement of cash flows of KRJ Enterprises (all figures in $ millions), you find the following items: net cash flow from operating activities of $772, net cash flow from investing activities of $-67, comprised of cash outflows of $150 and cash inflows of $83, and net cash flow from financing activities of $46, comprised of cash outflows of $47 and cash inflows of $93. Calculate the company's cash generating power ratio. Present your answer in percentage terms, rounded to one decimal place (e.g., 23.4%).

Answer rating: 100% (QA)

The cash generating power ratio also known as the cash return on assets ratio measures a companys ability to generate cash from its operating activiti... View the full answer