Cash is $52,500 and monthly burn is $17,500. How many months of runway are available?
Correct Answer
C) 3 months.
Runway is cash divided by monthly burn: $52,500 / $17,500 = 3 months.
Why This Is the Correct Answer
Runway is cash divided by monthly burn: $52,500 / $17,500 = 3 months.
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