Use the following information to answer questions
The following information is from Sargent's 2009 and 2010 financial statements. 
-The statement of cash flows indicated that Sargent made $700,000 of capital investments during 2010. The rate of capital expenditures for 2010 is
A) 0.7:1.
B) 5.0:1.
C) 5.4:1.
D) 17.5:1.
E) 25.5:1.
Correct Answer:
Verified
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