Business, 20.03.2020 01:32 tyw3366812778

Financial data for a company is provided below:Cash, end of year, $500,000Estimation of yearly cash expenses from negative cash flows from operations on statement of cash flows, $(155,000)Cash, beginning of year, $400,000Accounts receivable, $10,000Inventory, $20,000Net Income for the yearHow many months will the company be able to continue without positive cash flows or additional financing (round to nearest whole month)?12 months25 months39 months16 months

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Financial data for a company is provided below:Cash, end of year, $500,000Estimation of yearly cash...

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