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Cash to Monthly Cash Expenses Ratio ABC Turbine Corporation produces and sells turbine generators for such applications as charging electric, hybrid vehicles. ABC Turbine reported
Cash to Monthly Cash Expenses Ratio ABC Turbine Corporation produces and sells turbine generators for such applications as charging electric, hybrid vehicles. ABC Turbine reported the following financial data for a recent year (in thousands):
Net cash flows from operating activities $(936)
Cash and cash equivalents 2,028
a. Determine the monthly cash expenses. $ thousands
b. Determine the ratio of cash to monthly cash expenses. months
c. Based on your analysis, do you believe that ABC Turbine will remain in business?
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