- All Exams Instant Download
High Plains’ average net operating assets at the end of 2008 and 2007 was $977.89 million and $642.83 million, respectively.
High Plains’ average net operating assets at the end of 2008 and 2007 was $977.89 million and $642.83 million, respectively.
As compared to the year ended 2007, High Plains’ cash flow accrual ratio for the year ended 2008 is:
A . higher.
B . lower.
C . the same.
Answer: A
Explanation:
The cash flow accrual ratio increased during 2008 from 15% to 19%. (Study Session 7, LOS 25-d)
Latest CFA Level 2 Dumps Valid Version with 713 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund
Subscribe
Login
0 Comments
