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C Co Reported the Following Information from Their Statement of Cash

Question 81

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C Co. reported the following information from their statement of cash flows in millions of dollars:
C Co. reported the following information from their statement of cash flows in millions of dollars:    (A) Calculate the quality of earnings ratio for C Co for the three years:    (B) In 2011, P Co. reported a quality of earnings ratio of 1.61. Compare C Co.'s quality of earnings ratio for that year to their competitor's ratio. (A) Calculate the quality of earnings ratio for C Co for the three years:
C Co. reported the following information from their statement of cash flows in millions of dollars:    (A) Calculate the quality of earnings ratio for C Co for the three years:    (B) In 2011, P Co. reported a quality of earnings ratio of 1.61. Compare C Co.'s quality of earnings ratio for that year to their competitor's ratio. (B) In 2011, P Co. reported a quality of earnings ratio of 1.61. Compare C Co.'s quality of earnings ratio for that year to their competitor's ratio.

Correct Answer:

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(A) (1) 1.60, (2) .97, (3) .98.
(B) In 2...

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