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PE 8-5B Ratio of cash to monthly cash expenses Financial data for Bonita Company follow: p 417 For Year Ended December 31 $ 187,180 (458,400)

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PE 8-5B Ratio of cash to monthly cash expenses Financial data for Bonita Company follow: p 417 For Year Ended December 31 $ 187,180 (458,400) Cash on December 31 Cash flow from operations a. Compute the ratio of cash to monthly cash expenses. b. Interpret the results computed in (a)

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