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:

Spring Brake Relay Valve

A spring brake relay valve is a component in air brake systems that controls the application and release of the spring brakes, typically used in heavy-duty vehicles for parking and emergency brakes.

Control Signal

An electrical or electronic signal used to control the behavior of a system or device, directing its operation or response.

Trailer

Any of a number of different types of nonpowered, load-carrying vehicles towed by another vehicle.

Hold-Off Circuit

A type of circuit used to delay or prevent the activation of part of a system until certain conditions are met.