Multiple Choice
MoneyCo had sales revenue and net income during the current year of \$100,000 and \$60,000, respectively. The total amount of stockholders' equity was \$600,000. The cash flow statement indicated that cash flows from operating activities, investing activities, and financing activities, were \$20,000, (\$30,000), and \$60,000. The company also paid dividends of \$10,000. What is MoneyCo's quality of earnings ratio?
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