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4 September, 18:36

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

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  1. 4 September, 18:44
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    given: cash on hand at year-end=$201000 negative cash flow = $ 144000 solutions: Monthly cash expenses = negative cash flow = 144000/12=12000 ratio of cash to monthly cash expenses=cash on hand at year-end / Monthly cash expenses = 201,000/12000=16.75=16.80 (approx) ratio of cash to monthly cash expenses=16.8 months
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