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Cox Co Reported the Following Information from Their Statement of Cash

question 127

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Cox Co. reported the following information from their statement of cash flows in millions of dollars: 20X720X620X5 Profit $2,431$3,533$4,129 Cash provided by operating activities $3,883$3,433$4,033\begin{array} { | l | r | r | r | } \hline & \underline { \mathbf { 2 0 X 7 } } & \underline { \mathbf { 2 0 X 6 } } & \underline { \mathbf { 2 0 X 5 } } \\\hline \text { Profit } & \$ 2,431 & \$ 3,533 & \$ 4,129 \\\hline \text { Cash provided by operating activities } & \$ 3,883 & \$ 3,433 & \$ 4,033 \\\hline\end{array} (A) Calculate the quality of earnings ratio for Cox Co for the three years: (B) In 20X6, Pax 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.


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