Business
Business, 04.07.2020 18:01, cody1097

Financial data for a company is provided below: Cash, end of year, $500,000 Estimation of yearly cash expenses from negative cash flows from operations on statement of cash flows, $(155,000) Cash, beginning of year, $400,000 Accounts receivable, $10,000 Inventory, $20,000 Net Income for the year How many months will the company be able to continue without positive cash flows or additional financing (round to nearest whole month)? 12 months 25 months 39 months 16 months

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Financial data for a company is provided below: Cash, end of year, $500,000 Estimation of yearly cas...

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