Pilger corporation has cash on hand at year-end of 201000
Question - Pilger Corporation has cash on hand at year-end of $201,000 and a negative cash flow from operations of $144,000. What is the ratio of cash to monthly cash expenses?
A) 12.0 months
B) 7.2 months
C) 16.8 months
D) 1.4 months
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