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Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: Determine the days' cash on hand for 20Y8 and

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Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: Determine the days' cash on hand for 20Y8 and 20 Y. Assume 365 days in a year. Round all calculations to one decimal place. Fuectusck Thask Mir Wuk Days' Cash on Hand = (Cash and Short-Term Investments) - [(Operatng Expenses - Depreciation Expense )365 days] to obtain the ratio

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