Using the Following Information, Determine the Average Monthly Net Cash

question 1

Multiple Choice

Using the following information, determine the average monthly net cash burn rate: annual net income = $20,000; annual interest = $10,000; annual cash build = $150,000; and annual cash burn = $186,000.

• A) $1,000
• B) $3,000
• C) $4,000
• D) $6,000
• E) $7,000

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Analytic Intelligence

A facet of intelligence involved in the ability to analyze, evaluate, judge, compare, and contrast information.

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The ability to produce new ideas, solutions, and ways to approach problems that are unique and effective.

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The use of cognitive skills and knowledge in practical situations to solve problems effectively.

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The shared beliefs, practices, norms, and values of a group of people, which influence their behavior and perspectives.