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Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2019 2048 Cash (end of year) $24,750 $25,330 Short-term
Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2019 2048 Cash (end of year) $24,750 $25,330 Short-term investments (end of year) 8,270 9,470 Operating expenses 59,530 64,725 Depreciation expense 13,175 11,800 Determine the days' cash on hand for 20Y8 and 2019. Assume 365 days in a year. Days' Cash on Hand 2048: days 2019: days Check My Work
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