Compute the capital expenditures

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Reference no: EM13960329

A recent annual report for Boston Beer Company contained the following data for the three most recent years (in millions of U.S. dollars):

 

2012

2011

2010

  Cash flow from operating activities

$

95.3

 

$

72.8

 

$

67.8

 

  Cash flow from investing activities

 

(67.3

)

 

(19.6

)

 

(13.6

)

  Cash flow from financing activities

 

(3.0

)

 

(52.7

)

 

(60.7

)

 

Assume that all investing activities involved acquisition of new property, plant, and equipment.

Required:

Compute the capital expenditures ratio for the three-year period in total.

Reference no: EM13960329

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