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01-05-2024
Business

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Which of the following is the formula for the ratio of cash to monthly cash expenses?
a. Ratio of Cash to Monthly Cash Expenses = Net Income ÷ Sales
b. Ratio of Cash to Monthly Cash Expenses = Cash and Cash Equivalents ÷ Monthly Cash Expenses
c. Ratio of Cash to Monthly Cash Expenses = Cash ÷ Operating Expenses
d. Ratio of Cash to Monthly Cash Expenses = Net Cash Flows Used in Operations ÷ 12

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