Using the following information, determine the average monthly net cash burn rate: annual net income = $20,000; annual interest = $10,000; annual cash build = $150,000; and annual cash burn = $186,000.
A) $1,000
B) $3,000
C) $4,000
D) $6,000
E) $7,000

Question

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The Answer of Using the following information, determine the average monthly net cash burn rate: annual net income = $20,000; annual interest = $10,000; annual cash build = $150,000; and annual cash burn = $186,000.
A) $1,000
B) $3,000
C) $4,000
D) $6,000
E) $7,000

Using the Following Information, Determine the Average Monthly Net Cash