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Chapter 7 HW 1. BE OT OS ALGO Days' cash on hand 2. EXOT 18 ALGO 3 EXOT 19 ALGO 4. EX OT 24ALGO Financial

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Chapter 7 HW 1. BE OT OS ALGO Days' cash on hand 2. EXOT 18 ALGO 3 EXOT 19 ALGO 4. EX OT 24ALGO Financial statement data for years ending December 31 for Newton Company follow: 2019 2018 Cash and of year) 525.500 524,564 Short-term investments (end of year) 8.2909,420 Operating expenses 60,210 64,460 Depreciation expense 1125 11.900 Determine the days' cash on hand for 20Y8 and 2049. Assume 365 days in a year. Day Cash on Hand 2018

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