Question: Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: Determine the days' cash on hand for 20Y8 and

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: Determine the days' cash on hand for 20Y8 and 20 Y. Assume 365 days in a year. Round all calculations to one decimal place. Fuectusck Thask Mir Wuk Days' Cash on Hand = (Cash and Short-Term Investments) - [(Operatng Expenses - Depreciation Expense )365 days] to obtain the ratio

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