Financial statement data for years ending December 31 for Newton Company follow: Determine the days cash on

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Financial statement data for years ending December 31 for Newton Company follow:

20Υ9 $25,500 8,270 60,135 13,225 20Y8 Cash (end of year) Short-term investments (end of year) Operating expenses Deprec


Determine the days€™ cash on hand for 20Y8 and 20Y9. Round all calculations to one decimal place.

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Related Book For  book-img-for-question

Corporate Financial Accounting

ISBN: 9781337398169

15th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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