Days cash on hand

Financial statement data for years ending December for Newton Company follow:

Line Item Description YY

Cash end of year $ $

Shortterm investments end of year

Operating expenses

Depreciation expense

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

Open spreadsheet

Determine the days cash on hand for Y and Y Assume a day year. Round your answers to one decimal place.

Year Days Cash on Hand