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Determine the days cash on hand

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Reference no: EM132752820

Problem - Financial statement data for years ended December 31 for Holland Company follow:

20Y3

20Y2

Cash and short-term investments (end of year)

$8,900

$7,920

Operating expenses

10,400

11,800

Depreciation expense

1,200

1,350

Required - Determine the days' cash on hand for 20Y2 and 20Y3.

Reference no: EM132752820

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