FrankyV5023 FrankyV5023

11-04-2024
Business

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The following data are given for DGR Company: Net cash flows used in operating activities $(6,000,000) Cash and cash equivalents at end of year 2,700,000 DGR Company's ratio of cash to monthly cash expenses is ____. a. 4.5 months b. 8.1 months c. 3.2 months d. 5.4 months
1) 4.5 months
2) 8.1 months
3) 3.2 months
4) 5.4 months

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