During 2015, Copper Coal Inc. has monthly cash expenses of $275,000. On December31, 2015, the cash balance
Question:
a. Compute the ratio of cash to monthly cash expenses.
b. Based on a. what are the implications for Copper Coal Inc.?
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a 65 months 1787500275000 b At the current rate ...View the full answer
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Related Book For
Accounting
ISBN: 978-0176509743
Volume 1, 2nd canadian Edition
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
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