Ratio of cash to monthly cash expenses OBJ. 8 Financial data for Otto Company follows: For Year
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Ratio of cash to monthly cash expenses OBJ. 8 Financial data for Otto Company follows:
For Year Ended December 31, 2016 Cash on December 31, 2016 $ 69,350 Cash flow from operations (114,000)
a. Compute the ratio of cash to monthly cash expenses.
b. Interpret the results computed in (a).
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Related Book For 
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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