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Leo Village provides water to its residents. It accounts for this business-type activity in an enterprise fund. Use the following information, as appropriate, to compute
Leo Village provides water to its residents. It accounts for this business-type activity in an enterprise fund. Use the following information, as appropriate, to compute Leo Village's number of days' cash on hand: Cash $2,000,000 Cash equivalents $1,000,000 Short-term investments $400,000 Accounts receivable $500,000 Operating expenses other than depreciation $6,000,000 Operating expenses depreciation $1,000,000 Select one: A. 237 B. 177 C. 207 D. 203
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