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The following data are given for DGR Company: Net cash flows used in operating activities $(6,000,000) Cash and cash equivalents at end of year 2,700,000
The following data are given for DGR Company: Net cash flows used in operating activities $(6,000,000) Cash and cash equivalents at end of year 2,700,000 DGR Company's ratio of cash to monthly cash expenses is ____. a. 4.5 months b. 8.1 months c. 3.2 months d. 5.4 months
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Financial Accounting Information For Decisions
Authors: Robert w Ingram, Thomas L Albright
6th Edition
9780324313413, 324672705, 324313411, 978-0324672701
