Einstein/Noah Bagel Corp.s 1998 annual report disclosed the following financial information (in thousands): total expenses $575,846; depreciation,

Question:

Einstein/Noah Bagel Corp.’s 1998 annual report disclosed the following financial information (in thousands): total expenses $575,846; depreciation, depletion, and amortization $34,777; and cash and cash equivalents $3,766. Compute the company’s cash to daily cash expenses ratio.

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