A Company Has Net Income of $43,560 with a Net

question 28

Multiple Choice

A company has net income of $43,560 with a net cash flow from operations of $91,476 and a net change in cash of $84,942.The company spent $72,600 on property,plant,and equipment during the year.The company's capital acquisitions ratio is: approximately:

• A)0.60.
• B)1.17.
• C)1.26.
• D)1.67.

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Definitions:

Alkalinity

the measure of the capacity of water or a solution to neutralize acids, often indicated by its pH level.

Concentration

In chemistry, the measure of the amount of a given substance contained in a unit volume of a liquid or solid material.

Dissolved

The process by which a solid becomes incorporated into a liquid to form a solution.

Conjugated Bilirubin

A form of bilirubin that is water soluble and has been processed by the liver, making it a useful measure of liver function and health.