Krispy Kreme Doughnuts, Inc. (KKD) is a leading retailer and wholesaler of doughnuts. Krispy Kreme owns or franchises more than 1,100 stores where the €œhot€ light tells you if doughnuts are cooking. Dunkin€™ Brands Group, Inc. (DNKN) is a leading franchisor of doughnut (Dunkin€™ Donuts) and ice cream (Baskin-Robbins) shops with more than 20,000 stores worldwide. Selected financial statement information for a recent year for both companies follows (in thousands):

a. Determine the days€™ cash on hand for each company. Round all calculations to one decimal place.
b. Which company appears to have the stronger cash liquidity position?

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Dunkin' Brands Krispy Kreme Operating expenses Depreciation expense Cash (end-of-year balance) $466,616 16,199 50,785 $438,108 20,458 361,425