why is this wrong?

cash and cash equivalents/ operating expenses

You are considering investing in the bed and breakfast (B&B) industry. Two B&Bs, Burleigh Heaven and Miami Paradise, have been shortlisted for your consideration. Both companies are about the same size, with similar assets and sales. The following is extracted from their statements of cash flows for the year ended 31 December 2016. Burleigh Heaven Miami Paradise $ 67,547 Receipts from customers $ 91,889 (65,593) (59,677) Cash payment to suppliers and employees Interest received 517 306 Interest and other costs of finance paid (6,896) (17,731) Income taxed paid (16,591) (11.889) The statements of financial position as at 31 December 2016 show the following balance for cash and cash equivalent for the two companies. Burleigh Heaven Miami Paradise 6.715 4.170 Cash and cash equivalent (a) * Your answer is incorrect. Calculate the cash to daily expenses ratio for both companies, (Round answers to 1 decimal place, eg. 15.6) Burleigh Heaven Miami Paradise 0.10 days days 0.06 Cash to daily expenses Attempts: 1 of 3 used Seit Answer Save for Later