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) 1.4 months
D) 16.8 months
Correct Answer:
Verified
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A) checks
B) coins and currency
C)
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-Risk
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Q116: Cash equivalents
A) are illegal in some states
B)
Q117: Match the following elements of internal control:
-Control
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