The following information was reported from the statement of cash flows for Landlover's Restaurants for the years 2015 through 2017 (in millions of dollars): Required:
A.Calculate the quality of income ratio for the years 2015 through 2017.Round your answers to two decimal places.
B.Interpret the quality of income ratio for Landlover's for the three year period.

Question

The following information was reported from the statement of cash flows for Landlover's Restaurants for the years 2015 through 2017 (in millions of dollars):  Required: 
A.Calculate the quality of income ratio for the years 2015 through 2017.Round your answers to two decimal places.
B.Interpret the quality of income ratio for Landlover's for the three year period.

Quizplus · Accepted Answer

The Answer of The following information was reported from the statement of cash flows for Landlover's Restaurants for the years 2015 through 2017 (in millions of dollars):  Required: 
A.Calculate the quality of income ratio for the years 2015 through 2017.Round your answers to two decimal places.
B.Interpret the quality of income ratio for Landlover's for the three year period.

The Following Information Was Reported from the Statement of Cash