Question: Financial statement data for years ending December 31 for Newton Company follow: 2079 20Y8 Cash (end of year) $26,450 $23,250 Short-term investments (end of year)

Financial statement data for years ending December 31 for Newton Company follow: 2079 20Y8 Cash (end of year) $26,450 $23,250 Short-term investments (end of year) 7,430 10,440 Operating expenses 60,280 62,365 Depreciation expense 13,105 11,400 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Determine the days' cash on hand for 2018 and 2019. Assume a 365-day year Round your answers to one decima place Days' Cash on Hand 2018: X days X days 2019: DEADY

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