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Cash to Monthly Cash Expenses Ratio Capstone Turbine Corporation produces and sells turbine generators for such applications as charging electric, hybrid vehicles. Capstone Turbine reported
Cash to Monthly Cash Expenses Ratio
Capstone Turbine Corporation produces and sells turbine generators for such applications as charging electric, hybrid vehicles. Capstone Turbine reported the following financial data for a recent year (in thousands):
Net cash flows from operating activities | $(1,536) |
Cash and cash equivalents | 3,072 |
a. Determine the monthly cash expenses. $ thousands
b. Determine the ratio of cash to monthly cash expenses. months
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