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  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...

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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

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