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Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 $25,064 $24,120 8,210 9,480 59,380 63,100 13,025
Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 $25,064 $24,120 8,210 9,480 59,380 63,100 13,025 12,000 Cash (end of year) Short-term investments (end of year) Operating expenses Depreciation expense Determine the days' cash on hand for 20Y8 and 20Y9. Assume 365 days in a year. Days' Cash on Hand days days 20Y8: 20Y9:
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