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Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 26الرقم المعياري الدولي: 978-1285743615Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 26الرقم المعياري الدولي: 978-1285743615 تمرين 46
Cash to monthly cash expenses ratio
El Dorado Inc. has monthly cash expenses of $168,500. On December 31, the cash balance is $1,415,400.
a. Compute the ratio of cash to monthly cash expenses.
b. Based on (a), what are the implications for El Dorado Inc.
El Dorado Inc. has monthly cash expenses of $168,500. On December 31, the cash balance is $1,415,400.
a. Compute the ratio of cash to monthly cash expenses.
b. Based on (a), what are the implications for El Dorado Inc.
التوضيح
موثّق
موثّق
a.
To calculate ratio of cash to monthly...
Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac
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