Concerning how much cash to have at startup, one rule of thumb is to have enough to cover operating expenses (less depreciation)for two inventory turnover periods.
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Q34: Refer to the following information to answer
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Q37: Cash requirements can be determined by dividing
Q38: Define what a pro forma financial statement
Q39: The _ ratio is a conservative measure
Q41: The _ ratio measures the percentage of
Q43: The average inventory turnover ratio _.
A)measures the
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