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Cash to Monthly Cash Expenses Ratio El Dorado Inc. has monthly cash expenses of $168,500. On December 31, the cash balance is $1,415,400. a. Compute
Cash to Monthly Cash Expenses Ratio El Dorado Inc. has monthly cash expenses of $168,500. On December 31, the cash balance is $1,415,400. a. Compute the ratio of cash to monthly cash expenses. Round your answer to one decimal place. months b. At the current rate of operations, El Dorado has a specific number of months of cash remaining. El Dorado should:
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