Question: MAC, LLC, reported the following data in its August 31 annual report. Cash and Cash equivalents $485,625 Cash flow from operations (630,000) (a) What is

MAC, LLC, reported the following data in its August 31 annual report.

Cash and Cash equivalents $485,625

Cash flow from operations (630,000)

(a) What is the company's "Cash burn" per month

(b) What is the company's ratio to cash to monthly cash expenses

(c) Interpret the ratio you computed in (b)

What are the implications for the company

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