Kabutell, Inc. Had a net income of $750,000, cash flow from financing activities of $50,000, depreciation expenses of $50,000, and cash flow from operating activities of $575,000. Cash flow from operations: 2011 $478 2012 $403 2013 $470 Capital Expenditures (CAPEX) 2011 $459 2012 $447 2013 $456 Required: What is Kabutell's quality of earnings ratio?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Kabutell, Inc. Had a net income of $750,000, cash flow from
financing activities of $50,000, depreciation expenses of $50,000,
and cash flow from operating activities of $575,000.
Cash flow from operations:
2011
$478
2012
$403
2013
$470
Capital Expenditures (CAPEX)
2011
$459
2012
$447
2013
$456
Required:
What is Kabutell's quality of earnings ratio?
Transcribed Image Text:Kabutell, Inc. Had a net income of $750,000, cash flow from financing activities of $50,000, depreciation expenses of $50,000, and cash flow from operating activities of $575,000. Cash flow from operations: 2011 $478 2012 $403 2013 $470 Capital Expenditures (CAPEX) 2011 $459 2012 $447 2013 $456 Required: What is Kabutell's quality of earnings ratio?
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