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Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2079 20Y8 Cash (end of year) Short-term investments (end
Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2079 20Y8 Cash (end of year) Short-term investments (end of year) Operating expenses Depreciation expense $25,444 8,220 59,870 13,150 $24,032 9,430 63,695 11,500 Determine the days' cash on hand for 2048 and 2049. Assume 365 days in a year. Days' Cash on Hand 2048: days 20Y9: days
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