Question: Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2019 2018 Cash (end of year) $25,208 $23,606 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: 2019 2018 Cash (end of year) $25,208 $23,606 Short-term investments (end of year) 8,200 9,480 Operating expenses 60,220 62,830 Depreciation expense 13,500 11,000 Determine the days' cash on hand for 20Y8 and 2049. Assume 365 days in a year. Days' Cash on Hand 2048: days 20Y9: days

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