Question: Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2049 2018 Cash (end of year) $24,686 $23,210 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 follow: 2049 2018 Cash (end of year) $24,686 $23,210 Short-term investments (end of year) 8,200 9,410 Operating expenses 59,490 62,100 Depreciation expense 13,500 11,000 Determine the days' cash on hand for 2018 and 2049. Assume 365 days in a year. Days' Cash on Hand 2018: days 20Y9: days

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