Ratio of cash to monthly cash expenses OBJ. 8 Financial data for Bonita Company follows:

For Year Ended December 31, 2016 Cash on December 31, 2016 $ 187,180 Cash flow from operations (458,400)

a. Compute the ratio of cash to monthly cash expenses.

b. Interpret the results computed in (a).

EE 7-5 p. 340 SHOW ME HOW EE 7-5 p. 340 SHOW ME HOW Exercises