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. 7.2 months
b. 1.4 months
c. 12.0 months
d. 16.8 months
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your 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 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Based on the following information, determine the amount of equipment on the balance sheet. Total liabilities and owner's equity equals $11.
Answers (1)
Marriott hotels has provided consumers with fairfield inns and courtyard by marriott, two less expensive offerings of marriott customer service. this is an example of how marketers respond to consumers':
Answers (1)
Universal containers is considering a knowledge-centered support (kcs) implementation. which benefit can be expected from kcs adoption?
Answers (1)
Sharon is a skilled professional who operates logging equipment. Sharon's career is most likely in the field of animal systems. plant systems. natural resource systems. environmental service systems.
Answers (1)
Which characteristic does monopolistic competition NOT have in common with perfect competition? A. Individual firms earn normal profits in the long run. B. Each firm has an insignificantly small market share. C.
Answers (1)
New Questions in Business
Tangshan China Company's stock is currently selling for $80.00 per share. The expected dividend one year from now is $4.00 and the required return is 13 percent.
Answers (1)
18. What was a major factor in the failure of (mostly) command economies? A. Lack of voting rights B. Lack of the profit motive C. Not enough military spending D. Abundant basic goods
Answers (2)
You are saving to buy a $188,000 house. There are two competing banks in your area, both offering certificates of deposit yielding 7.3 percent.
Answers (1)
Has the company you're auditing recently increased or decreased their operations due to mergers or sales of parts of the business?
Answers (1)
Tom lives in an apartment where he pays $8,000 a year in rent. Sarah lives in a house that could be rented for $10,000 a year. How much do these housing services contribute to GDP?
Answers (1)