Question:
Capstone Turbine Corporation produces and sells turbine generators for such applications as charging electric, and hybrid vehicles. Capstone Turbine reported the following financial data for a recent year (in thousands):
Net cash flows from operating activities | ($23,018) |
Cash and cash equivalents | 32,221 |
a. Determine the monthly cash expenses.
b. Determine the ratio of cash to monthly cash expenses.
c. Based on your analysis, do you believe that Capstone Turbine will remain in business?
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