Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. cash and equivalents = $3,600 short-term investmen

Cash and equivalents = $3,600 Short-term investments = $4,600 Expenses = $145,000 Depreciation = $5,000...

90.2K

Verified Solution

Question

Finance

Cash and equivalents = $3,600 Short-term investments = $4,600 Expenses = $145,000 Depreciation = $5,000 Days cash on hand = Cash and equivalents + short-term investments/(expenses - depreciation)/365 Days cash on hand =?

A. 22 days

B. 21.4 days

C 19.5 days

D.16.9 days

E None of the above

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

St. Johns River Shipyards is considering the replacement of an 8-year-old riveting machine with a new...

Biology
1.2K views

The body system that stimulates eating or drinking is the ________ system. stimulatory circulatory nervous lymphatic Marci has been diagnosed with...

Biology
1.2K views

"Railroads are required to equip their locomotives with spark-arresters. They also are obliged to keep...

Physics
1.2K views

2 A rod is of length 6 m and of specific gravity p 25 36...

Physics
1.2K views

cm Assuming it to be uniform the retardation will be 2 10 x 10 m...

Basic Math
1.2K views

You are at Pie 5 ordering a one toppling pizza. You have 5 options for...

Basic Math
1.2K views

Which of the following are not polynomials?A. x +0x+2x+?2B.2/x3 +1/2C. x2/3+?3x+1D.2/3+x-2+1E. x-2+x+1

Calculus
1.2K views

Find the domain of the rational function f x X 2 x 2 25 OA...

Algebra
1.2K views

Points 0 of 1 Find the savings plan balance after 18 months with an APR...

Accounting
1.2K views

if Houston company billed a client for $13000 of consultant work completed,the account receivable asset...

Accounting
1.2K views

Auditors sometimes use ratios as audit evidence. For example an unexplained INCREASE in the ratio...

Finance
1.2K views

The following are leading economic indicators, except ____________ Question 10 options: ...