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What is the rationale for deducting dividends when computing the ratio of cash flow from operations to capital expenditures?

Chapter 13, Questions #19
What is the rationale for deducting dividends when computing the ratio of cash flow from operations to capital expenditures?

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Dividends are not a legal obligation, but they of…View the full answer

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Related Book For answer-question
Using Financial Accounting Information The Alternative to Debits and Credits

Using Financial Accounting Information The Alternative to Debits and Credits

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

ISBN: 978-1133161646

Answers for Questions in Chapter 13

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