Question: and compere C . Penney and Macy's C . Penney Company ( 3 CP ) and Macy's, Inc. ( M ) are large department in

and compere C. Penney and Macy's C. Penney Company (3CP) and Macy's, Inc. (M) are large department in the United StatesInformation from recent for as (in ) C. Penney Macy's Cash (end of year $ 109 Short-term investments (end of year)224962 Operating expenses 4,155 Depreciation expense 556 the days cash on hand for each companyAssume a 365-day yearIf required , round all computations to one decimal place and use in subse calculations Round final answers to one decimal place C. Penney Macy's Days Cash on Hand 10 days 49 days Which company has the better Macy's

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