Question: Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 Cash (end of year) $25,786 $23,000 Short-term

Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 Cash (end of year) $25,786 $23,000 Short-term investments (end of year) 8,270 9,430 Operating expenses 60,310 63,165 Depreciation expense 13,225 11,700 Determine the days cash on hand for 20Y8 and 20Y9. Assume 365 days in a year. Days Cash on Hand 20Y8: fill in the blank 1 days 20Y9: fill in the blank 2 days

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