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Gamma Company and Delta Company have compiled the following data as of the end of the current fiscal year: Gamma Delta Cash $65,700 $302,300 Temporary

Gamma Company and Delta Company have compiled the following data as of the end of the current fiscal year:

GammaDelta
Cash$65,700$302,300
Temporary investments27,700125,000
Accounts receivable2,50087,000
Inventory52,400127,500
Accounts payable4,500265,000
Operating expenses153,000625,000

Depreciation (one of the operating expenses) for Gamma was $35,000, and for Delta was $65,000.

1. Calculate days' cash on hand for Gamma Company and for Delta Company. Round your answer to one decimal place.

Gamma Companydays
Delta Companydays

2. Which company has the better liquidity position based on your calculation?

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