Question: Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2019 2018 Cash (end of year) $24,887 $23,846 Short-term
Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2019 2018 Cash (end of year) $24,887 $23,846 Short-term investments (end of year) 8,260 9,430 Operating expenses 59,430 62,865 Depreciation expense 13,075 11,400 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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