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er 8 Internal Control and Cash 8-5 p.417 PE 8-5A Ratio of cash to monthly cash expenses Financial data for Otto Company follow: Cash
er 8 Internal Control and Cash 8-5 p.417 PE 8-5A Ratio of cash to monthly cash expenses Financial data for Otto Company follow: Cash on December 311 Cash flow from operations For Year Ended December 31 $ 69,350 (114,000) a. Compute the ratio of cash to monthly cash expenses. b. Interpret the results computed in (a). OBJ. 8
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