Pilger Corporation has cash on hand at year-end of $201,000 and a negative cash flow from operations of $144,000. What is the ratio of cash to monthly cash expenses? Oa, 7.2 months Ob. 12.0 months C. 1.4 months Od. 16.8 months

Pilger Corporation has cash on hand at year-end of $201,000 and a negative cash flow from operations of $144,000. What is the ratio of cash to monthly cash expenses? Oa, 7.2 months Ob. 12.0 months C. 1.4 months Od. 16.8 months

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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eAssignment/takeAssignmentMain.do?invoker%=&takeAssignmentSessionLocator=&inprogress=false
Pilger Corporation has cash on hand at year-end of $201,000 and a negative cash flow from operations of $144,000. What is the ratio of cash to
monthly cash expenses?
Oa, 7.2 months
Ob. 12.0 months
Oc. 1.4 months
Od. 16.8 months
Ne
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