Calculate number of days' cash on hand

Assume the following information was derived from the fund financial statements prepared by the city of Tallahassee, Florida for the fiscal year ended September 30, 2019:

City of Tallahassee
General Fund
Balance Sheet
(in thousands)
Assets:
Cash and cash equivalents	$4,216
Due from other governments	0
All other assets	24,440
Total assets	$28,656
Liabilities:
Total current liabilities	$22,574
Fund balance:
Nonspendable	3,000
Committed	0
Assigned	0
Unassigned	3,082
Total fund balance	6,082
Total liabilities and fund balance	$28,656

City of Tallahassee
General Fund
Statement of Revenues, Expenditures,
and Changes in Fund Balance
(in thousands)
Total revenues	$219,802
Total expenditures	328,946
Excess of revenues over (under) expenditures	-109,144
Other financing sources (uses):
Transfers in	99,194
Transfers out	-43,044
Proceeds from sale of capital assets	860
Total other financing sources (uses)	57,010
Net change in fund balance	-52,134
Fund balance, October 1, 2019	58,216
Fund balance, September 30, 2019	$6,082

a) Calculate the city of Tallahassees number of days cash on hand. Round to a whole number.

b) Using the rule of thumb suggested in the text, would the number of days' cash on hand be considered reasonable, too high, or too low?