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Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2049 2018 Cash (end of year) $26,000 $24,421 Short-term
Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2049 2018 Cash (end of year) $26,000 $24,421 Short-term investments (end of year) 8,290 9,470 Operating expenses 59,755 63,395 Depreciation expense 13,400 11,200 Determine the days' cash on hand for 20Y8 and 2049. Assume 365 days in a year. Days' Cash on Hand 2018: days 2019: days
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