GTX Corp. has $100,000 in cash, $40,000 in inventory, $25,000 in accounts payable and $15,000 in accrued liabilities (salaries, interest, taxes, etc.) . If the company has $280,000 in cash flows from operating activities, what is its operating cash flow ratio?
A) 0.5
B) 2.0
C) 7.0
D) 3.5
Correct Answer:
Verified
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