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Required information [The following information applies to the questions displayed below] Monte Hacho Industries is a Buffalo, New York-based manufacturer and distributor of building products for residential, industrial, infrastructure, renewable energy, and conservation markets. In a recent year, it reported the following activities: Acquisitions (investments in other companies) Increase in inventories Depreciation and anortization Long-term debt reduction Net cash provided by operating activities Net income Net proceeds from issuance of common stock Net proceeds from sale of property and equipment Proceeds from long-term debt Proceeds from sale of other equity investments Purchases of property, plant, and equipment 2. Compute the capital acquisitions ratio. Note: Round your answer to 2 decimal places. Capital acquisitions ratio $ (112,748) (11,501) 26,081 (78,058) 47,395 17,923 41 1,296 74,549 70,068 (12,252)

Required information [The following information applies to the questions displayed below] Monte Hacho Industries is a Buffalo, New York-based manufacturer and distributor of building products for residential, industrial, infrastructure, renewable energy, and conservation markets. In a recent year, it reported the following activities: Acquisitions (investments in other companies) Increase in inventories Depreciation and anortization Long-term debt reduction Net cash provided by operating activities Net income Net proceeds from issuance of common stock Net proceeds from sale of property and equipment Proceeds from long-term debt Proceeds from sale of other equity investments Purchases of property, plant, and equipment 2. Compute the capital acquisitions ratio. Note: Round your answer to 2 decimal places. Capital acquisitions ratio $ (112,748) (11,501) 26,081 (78,058) 47,395 17,923 41 1,296 74,549 70,068 (12,252)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Required information [The following information applies to the questions displayed below.) Monte Hacho Industries is a Buffalo, New York-based manufacturer and distributor of building products for residential, industrial, infrastructure, renewable energy, and conservation markets. In a recent year, it reported the following activities: Acquisitions (investments in other companies) Increase in inventories Depreciation and anortization Long-term debt reduction. Net cash provided by operating activities Net income Net proceeds from issuance of common stock Net proceeds from sale of property and equipment Proceeds from long-term debt Proceeds from sale of other equity investments Purchases of property, plant, and equipment 2. Compute the capital acquisitions ratio. Note: Round your answer to 2 decimal places. Capital acquisitions ratio $ (112,748) (11,501) 26,881 (78,058) 47,395 17,923 41 1,296 74,549 70,068 (12,252)
Transcribed Image Text:Required information [The following information applies to the questions displayed below.) Monte Hacho Industries is a Buffalo, New York-based manufacturer and distributor of building products for residential, industrial, infrastructure, renewable energy, and conservation markets. In a recent year, it reported the following activities: Acquisitions (investments in other companies) Increase in inventories Depreciation and anortization Long-term debt reduction. Net cash provided by operating activities Net income Net proceeds from issuance of common stock Net proceeds from sale of property and equipment Proceeds from long-term debt Proceeds from sale of other equity investments Purchases of property, plant, and equipment 2. Compute the capital acquisitions ratio. Note: Round your answer to 2 decimal places. Capital acquisitions ratio $ (112,748) (11,501) 26,881 (78,058) 47,395 17,923 41 1,296 74,549 70,068 (12,252)
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