Amoco Corporation's 1996 annual report disclosed the following financial information: total expenses ($ 33,278) million; depreciation, depletion,

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Amoco Corporation's 1996 annual report disclosed the following financial information: total expenses $\$ 33,278$ million; depreciation, depletion, and amortization $\$ 2,294$ million; and cash and cash equivalents $\$ 1,321$ million. Compute Amoco's cash to daily cash expenses ratio.

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