Question: Using the following information, determine the average monthly net cash burn rate: annual net income =$20,000; annual interest =$10,000; annual cash build = $200,000; and
Using the following information, determine the average monthly net cash burn rate: annual net income =$20,000; annual interest =$10,000; annual cash build = $200,000; and annual cash burn =$272,000. $6,000$9,000$10,000$3,000$1,000
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