Days' cash on hand Financial statement data for years ending December 31 for Newton Company...
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Accounting
Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 2019 2018 Cash (end of year) $25,148 $25,060 Short-term investments (end of year) 8,260 9,450 Operating expenses 60,145 64,325 Depreciation expense 13,425 11,400 Determine the days' cash on hand for 20Y8 and 2019. Assume 365 days in a year. Days' Cash on Hand 2048: days 2019: days
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