Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 $26,024 $23,586 8,290 9,500 60,235 62,830 13,150 11,000 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 20Y8: 20Y9: days X days

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 20Y9. Assume 365 days in a year