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< Click to watch the Tell Me More Learning Objective ADM video and then answer the questions below. 1. Days' cash on hand is
< Click to watch the Tell Me More Learning Objective ADM video and then answer the questions below. 1. Days' cash on hand is computed as divided by. a. cash and short-term investments; daily cash operating expenses b. daily cash operating expenses; cash and cash equivalents c. cash and cash equivalents; daily cash operating expenses d. daily cash operating expenses; cash and short-term investments a 2. Financial data for a company are provided below: Cash (end of year) Short-term investments (end of year) Operating expenses Depreciation expense What is the company's days' cash on hand? a. 243.33 b. 280.77 c. 438 d. 505.39 $500,000 400,000 750,000 100,000
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