Question: Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: Cash (end of year) Short-term investments (end of

Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: Cash (end of year) Short-term investments (end of year) Operating expenses Depreciation expense 2019 2018 $24,760 $23,563 8,260 9,470 59,730 64,195 13,375 12,000 Determine the days' cash on hand for 2018 and 2019. Assume 365 days in a year. Days' Cash on Hand 2018: days 2019: days

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