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Ratio of Cash to Monthly Cash ExpensesFinancial data for Abrams Company follow: For Year EndingDecember 3 1 Cash on December 3 1 $ 7 1

Ratio of Cash to Monthly Cash ExpensesFinancial data for Abrams Company follow: For Year EndingDecember 31Cash on December 31$71,040Cash flow from operations (88,800)a. Compute the ratio of cash to monthly cash expenses. Round your answer to one decimal place.fill in the blank 1 monthsb. Interpret the results computed in (a).

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