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The Following Data Is Given for DGR Company: Net Cash $6,000,000 \quad \$ 6,000,000

Question 64

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The following data is given for DGR Company: Net cash flows from operating activities $6,000,000 \quad \$ 6,000,000
Cash and cash equivalents at end of year $2,700,000 \quad \$ 2,700,000 DGR Company's ratio of cash to monthly cash expenses is:


A) 4.5 months.
B) 5.4 months.
C) 8.1 months.
D) 3.2 months.

Correct Answer:

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