Business, 14.02.2021 17:10 ltorline123

Cash to Monthly Cash Expenses Ratio Amicus Therapeutics, Inc., is a biopharmaceutical company that develops drugs for the treatment of various diseases, including Parkinson’s disease. Amicus Therapeutics reported the following financial data (in thousands) for three recent years:
For Years Ended December 31
Year 3 Year 2 Year 1
Cash and cash equivalents $69,485 $24,074 $43,640
Net cash flows from operations (100,139) (51,669) (45,794)
a. Determine the monthly cash expenses for Year 3, Year 2, and Year 1 (in thousands). Round to one decimal place.
a. Determine the monthly cash expenses for Year 3, Year 2, and Year 1 (in thousands). Round to one decimal place.

Year 3: $fill in the blank _
per month
Year 2: $fill in the blank _
per month
Year 1: $fill in the blank _
per month
b. Determine the ratio of cash to monthly cash expenses for Year 3, Year 2, and Year 1 as of December 31. Round to one decimal place.

Year 3: fill in the blank _ months
Year 2: fill in the blank _months
Year 1: fill in the blank _months

Answers: 3

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Cash to Monthly Cash Expenses Ratio Amicus Therapeutics, Inc., is a biopharmaceutical company that...