Question: Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 Cash (end of year)$25,044$24,448Short-term investments (end of year)8,2209,490Operating expenses59,44063,630Depreciation expense13,45011,800 Determine

Financial statement data for years ending December 31 for Newton Company follow:

20Y920Y8Cash (end of year)$25,044$24,448Short-term investments (end of year)8,2209,490Operating expenses59,44063,630Depreciation expense13,45011,800

Determine the days cash on hand for 20Y8 and 20Y9. Assume 365 days in a year.

Days Cash on Hand20Y8:fill in the blank 1days20Y9:fill in the blank 2days

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