The Following Information Was Reported from the Statement of Cash

question 32

Essay

The following information was reported from the statement of cash flows for Landlover's Restaurants for the years 2008 through 2010 (in millions of dollars):
$$\begin{array} { l rl rl r l } & 2010& 2009&2008 \\\text { Net income } & \$ 45 & \$ 42 & \$ 27 \\\text { Cash provided (used) by operations } & 122 & 112 & 89 \\\text { Cash provided (used) by investments } & (190) & (275) & (105 ) \\\text { Cash provided (used) by financing } & 90 & 146 & 21\end{array}$$ Requirements:
A.Calculate the quality of income ratio for the years 2008 through 2010.
B.Interpret the quality of income ratio for Landlover's for the three year period.

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Definitions:

Data Type

A classification identifying the type of data that can be held by a column in a database or a variable in programming, such as integer, text, or boolean.

Filter by Form

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Number Fields

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