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Question
The following data are from Autumn Company for the past four years.
| | Year Ending December 31 | |||
| | Year 1 | Year 2 | Year 3 | Year 4 |
| Cash and cash equivalents | $ 23,788 | $ 45,776 | $ 52,899 | $ 82,744 |
| Cash flow from operations | (32,556) | (47,880) | (32,357) | (16,450) |
Compute the following:
| | Year Ending December 31 | |||
| | Year 1 | Year 2 | Year 3 | Year 4 |
| Monthly cash expenses | | | | |
| Ratio of cash to monthly cash expenses | | | | |
Answer
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