During 2010,Eva's Enterprises cash paid for property,plant and equipment was $755 million and cash flow from operations was $5,968 million.The average property,plant and equipment from the comparative balance sheets were $6,094 million.Compute Eva's Enterprises capital acquisitions ratio for 2010.

Question

Quizplus · Accepted Answer

The capital acquisitions ratio (7.9) is calculated by dividing cash flow from operating activities ($5,968) by cash paid for property, plant, and equipment ($755).

During 2010,Eva's Enterprises Cash Paid for Property,plant and Equipment Was