eBook Show Me How Calculator Print Item Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2049 2048 Cash (end of year) $25,500 $24,250 Short-term investments (end of year) 8,270 9,460 Operating expenses 60,135 63,780 Depreciation expense 13,225 11,400 Determine the days' cash on hand for 2048 and 2049. Assume 365 days in a year. Round all calculations to one decimal place. Days' Cash on Hand 2048: x days 2019: days Feedback Check My Work Days' Cash on Hand (Cash and Short-Term Investments) + (Operating Expenses - Depreciation Expense) 365 days to obtain the ratio Check My Work Previous Cash L 500 Feedback T Check My Work a. Recall that the only time Potty Cash is used is when the fund is initially established or increased b. The amount of cash in the petty cash fund is $85. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $360 and miscellaneous selling expense, $40. Record any missing funds in the cash short and over account. If an amount box does not require an entry, leave it blank. Store Supplies 360 Miscellaneous Selling Expense Cash Short and Over Cash Feedback Previous Next > Chack My Work A 17 00 o e @ 10:43 3/28/2