Question: Using the data in Table 7.1 and the definitions from Table 7.4, calculate the days cash on hand. a. What information does this financial ratio

Using the data in Table 7.1 and the definitions from Table 7.4, calculate the days cash on hand.

a. What information does this financial ratio provide?

b. If you were concerned about the result, what could be done to positively impact this ratio?

c. In what ways could this ratio be negatively impacted?

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