14. Financial Statement Analysis
Ratios: Capital Acquisition Ratio
Multiple Choice
Multiple ChoiceABC Company's statement of cash flows indicated net cash provided/(used) in operating, investing, and financing activities as $140,000, ($80,000), and $25,000, respectively. If the cash flows from investing activities included the purchase of land for $100,000 and the sale of machinery for $20,000, what is the company's capital acquisitions ratio?
A
0.85
B
1.40
C
1.65
D
1.75
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