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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Accounting Basics: Pilger corporation has cash on hand at year-end of 201000
Reference No:- TGS02862880

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