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

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

MAC, LLC. reported the following data in its August 31 annual report. $ Cash and cash equivalents Cash flow from operations 485,625 (630,000) Required (a) What is the company's "cash burn" per month? (b) What is the company's ratio of cash to monthly cash expenses? (c) Interpret the ratio you computed in part b. What are the implications for MAC, LLC.? (b)

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