During 2010, Bezel Inc. has monthly cash expenses of $250,000. On December 31, 2010, the cash balance
Question:
During 2010, Bezel Inc. has monthly cash expenses of $250,000. On December 31, 2010, the cash balance is $1,750,000.
a. Compute the ratio of cash to monthly cash expenses.
b. Based on (a), what are the implications for Bezel Inc.?
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Related Book For 
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ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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