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Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2079 2018 Cash (end of year) $25,500 $25,370 Short-term
Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2079 2018 Cash (end of year) $25,500 $25,370 Short-term investments (end of year) 8,250 9,430 Operating expenses 59,000 64,325 Depreciation expense 13,375 11,400 Determine the days' cash on hand for 2048 and 2049. Assume 365 days in a year. Days' Cash on Hand 2018: days 2019: days
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