Analyze and compare J. C. Penney and Macy's J. C. Penney Company, Inc. (JCP) and Macys, Inc. (M) are large department store chains in the United States. Information from recent annual reports for both companies is as follows (in millions): Line Item Description J. C. Penney Macys Cash (end of year) $109 $1,162 Short-term investments (end of year) 224 Operating expenses 4,155 8,786 Depreciation expense 556 962 a. Determine the days cash on hand for each company. Assume a 365-day year. If required, round all computations to one decimal place and use in subsequent calculations. Round final answers to one decimal place. Line Item Description J. C. Penney Macys Days Cash