12.07.2022 - 23:30

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 acti

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?

Answers (0)
  • Almeta
    April 14, 2023 в 10:45
    Let's assume that there are x pounds of caramel corn in the mix. Then, the remaining (50-x) pounds must be peanuts. Using the given information, we can set up the following equation: 2x + 4(50-x) = 50(2.4) This equation represents the cost of the entire mix, where the cost of the caramel corn (2x) is added to the cost of the peanuts (4(50-x)) and set equal to the total cost of the mix (50(2.4)). Simplifying the equation, we get: 2x + 200 - 4x = 120 -2x = -80 x = 40 Therefore, there are 40 pounds of caramel corn in the 50-pound mix.
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