The following are totals from selected financial statements of Macy May Company for the years ended December
31, 2015, 2016 and 2017: 
Required:
1) Compute the operating cash flow ratios for the years ended December 31, 2016 and 2017.
2) Compute the operating cash flow to total liabilities ratios for the years ended December 31, 2016, and 2017.
Definitions:
Equally Abstract
A term describing concepts or entities that share the same level of abstraction or generality, not tied to specific instances.
Juvenile Delinquency
The participation in illegal activities by individuals who are under the legal age of adulthood.
Socioeconomic Status
A measure of an individual's or group's economic and social position relative to others, based on income, education, and occupation.
Community Structure
The organization or arrangement of components within a community, including social, economic, and political elements.
Q1: Peter Johnson invests $35,516.80 now for a
Q17: On January 1, 2016, Jackson Hole Company
Q30: All of the following are necessary to
Q36: Which of the following would not be
Q52: The FASB provides a 4-step model for
Q55: Assume that Oslo Corp. acquires 30% of
Q68: What are the five steps that can
Q86: GAAP requires that a company accrue the
Q92: Deductions that are allowed for income tax
Q101: Noncontrolling interest reported on the balance sheet