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Category > Business & Finance Posted 18 Aug 2017 My Price 10.00

The following statistics relate to Michgate, an electric utility:

The following statistics relate to Michgate, an electric utility:

Required

a. Calculate the following for 2011, 2010, and 2009:

1. Operating ratio

2. Funded debt to operating property

3. Percent earned on operating property

4. Operating revenue to operating property

b. Comment on trends found in the ratios computed in (a).

c. Comment on the trend between earnings per share and cash flow per share.

 

Answers

Alpha Geek
(8)
Status NEW Posted 18 Aug 2017 10:08 AM My Price 10.00

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