There were no changes in the shares outstanding during 2021. The rate of cash flow to total liabilities is closest to A. 30% C. 120% D. 167% B. 50%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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4.

Below are selected data for ABC Co. as of Dec. 31, 2021:
Total Assets
P5,000,000
P2,500,000
P1,000,000
P750,000
P500,000
Ordinary shares outstanding
Preference shares outstanding
Net Income
Depreciation expense
There were no changes in the shares outstanding during
2021. The rate of cash flow to total liabilities is closest to
A. 30%
C. 120%
D. 167%
B. 50%
Transcribed Image Text:Below are selected data for ABC Co. as of Dec. 31, 2021: Total Assets P5,000,000 P2,500,000 P1,000,000 P750,000 P500,000 Ordinary shares outstanding Preference shares outstanding Net Income Depreciation expense There were no changes in the shares outstanding during 2021. The rate of cash flow to total liabilities is closest to A. 30% C. 120% D. 167% B. 50%
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