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    Exam 7: Sarbanes-Oxley, Internal Control, and Cash
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    Peaches, Inc
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Peaches, Inc

Question 137

Question 137

Essay

Peaches, Inc. reported the following date in it's December 31, 2011 annual report:
Peaches, Inc. reported the following date in it's December 31, 2011 annual report:    Required: (1) What is the company's  cash burn  per month? (2) What is the company's ratio of cash to monthly cash expenses? Required:
(1) What is the company's "cash burn" per month?
(2) What is the company's ratio of cash to monthly cash expenses?

Correct Answer:

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(1) $120,000/12=$10,...

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