Find the number of months that abcs cash balance

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Question - ABC Company reported the following information for the first quarter ended March 31, 2005:

EBIDTA for the first quarter -$600,000

Cash balance, 3/31/2005 $2,400,000

Based on the methodology in the article, Up In Smoke (Barron's July 19, 2000), find the number of months that ABC's cash balance will burnout after March?

A. 4 months

B. 12 months

C. 14.5 months

D. 48 months

Reference no: EM132762357

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