Question: Days' cash on hand Financial statement data for years ending December 31 for Newton Company follows 2019 2018 Cash (end of year) $25,000 $24,850 Short-term

 Days' cash on hand Financial statement data for years ending December

Days' cash on hand Financial statement data for years ending December 31 for Newton Company follows 2019 2018 Cash (end of year) $25,000 $24,850 Short-term investments (end of year) 7,560 9,570 Operating expenses 60,050 62,715 Depreciation expense 12,655 11,100 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. IH Open spreadsheet Determine the days cash on hand for 2018 and 2019. Assume 365-day year Round your answers to one decimal place. Days' Cash on Hand 2015 days 2019: days

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