Days' cash on handFinancial statement data for years ending December 31 for NewtonCompany follow: 20Y9 20Y8 Cash (end of year)Short-term investments (end of year)Operating expensesDepreciation expense $25,5008,27060,13513,225 $24,2509.46063,78011,400 Determine the days' cash on hand for 20Y8 and 2019. Round allcalculations to one decimal place.
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Days' cash on hand
Financial statement data for years ending December 31 for Newton
Company follow:
| 20Y9 | 20Y8 | |
| Cash (end of year) Short-term investments (end of year) Operating expenses Depreciation expense |
$25,500 8,270 60,135 13,225 |
$24,250 9.460 63,780 11,400 |
Determine the days' cash on hand for 20Y8 and 2019. Round all
calculations to one decimal place.
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- pays' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 Cash (end of year) $25,538 $24,078 Short-term investments (end of year) 8,260 9,480 Operating expenses 60,135 63,465 Depreciation expense 13,050 12,000 Determine the days' cash on hand for 20Y8 and 20Y9. Assume 365 days in a year. Days' Cash on Hand 20Y8: 20Y9: days daysFinancial statement data for years ending December 31 for Newton Company follow: Line Item Description 20Y9 20Y8 Cash (end of year) $26,270 $23,260 Short-term investments (end of year) 8,290 9,500 Operating expenses 60,070 62,700 Depreciation expense 13,350 11,600 Determine the days’ cash on hand for 20Y8 and 20Y9. Assume 365 days in a year. Year Days’ Cash on Hand 20Y8: fill in the blank 1 of 2 days 20Y9: fill in the blank 2 of 2 daysDays' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 Cash (end of year) $26,530 $23,121 Short-term investments (end of year) 8,300 9,450 Operating expenses 60,210 63,365 Depreciation expense 13,125 11,900 Determine the days’ cash on hand for 20Y8 and 20Y9. Assume 365 days in a year. Days’ Cash on Hand 20Y8: fill in the blank 1 days 20Y9: fill in the blank 2 days
- Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 Cash (end of year) $25,500 $24,250 Short-term investments (end of year) 8,270 9,460 Operating expenses 60,135 63,780 Depreciation expense 13,225 11,400 Determine the days’ cash on hand for 20Y8 and 20Y9. Assume 365 days in a year. Round all calculations to one decimal place. Days’ Cash on Hand 20Y8: fill in the blank 1 66 days 20Y9: fill in the blank 2 daysDays' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 Cash (end of year) $25,620 $24,544 Short-term investments (end of year) 8,300 9,490 Operating expenses 59,845 63,195 Depreciation expense 13,125 11,000 Determine the days’ cash on hand for 20Y8 and 20Y9. Assume 365 days in a year. Days’ Cash on Hand 20Y8: days 20Y9: daysIncome tac was $300,409 for the year. Income tac payable was $28,102 and $42,997 at the beginning and end of the year,reapectively. Cash payants for income tac reportés on the statement pc cash flots usine the direct method la a. $ 285,514 b. 315,304 c. 300,409 d. 371,508
- Perform a horizontal analysis for the balance sheet entry "Cash" given below. That is, find the amount of increase or decrease (in $) and the associated percent (rounded to the nearest tenth). Increase/Decrease Assets 2019 2018 Amount Percent Current Assets Cash $18,400 $11,800 Accounts Receivable 22,300 18,100 Merchandise Inventory 30,100 25,900 Supplies 5,600 7,600 Total Current Assets 76,400 63,400 Property, Plant, and Equipment Machinery and Equipment 56,000 57,100 Total Assets $132,400 $120,500Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Y8 Cash (end of year) $24,970 $24,386 Short-term investments (end of year) 8,280 9,410 Operating expenses 58,775 62,830 Depreciation expense 13,150 11,000 Determine the days’ cash on hand for 20Y8 and 20Y9. Assume 365 days in a year.The cash balance of Lalana Company is 434000OMR at the beginning of the year. The cash flows during the year are given as follows; Operating cash inflow:38490 Financing cash outflow: 22430 Investing inflow: 95800 Which of the following is the cash balance at the end of the year. Select one: a. 468890 b. 465760 C. 554520 d. 545860
- Days' cash on hand Financial statement data for years ending December 31 for Newton Company follow: 20Y9 20Υ8 Cash (end of year) $24,665 $24,840 Short-term investments (end of year) 8,210 9,480 Operating expenses 59,050 64,095 Depreciation expense 13,425 Determine the days' cash on hand for 20Y8 and 20Y9. Assume 365 days in a year. Days' Cash on Hand 20Y8: days 20Y9: days P. > Check My Work Save and Exit Submi All work saved.Perform a horizontal analysis for the balance sheet entry "Cash" given below. That is, find the amount of increase or decrease and the associated percent (rounded to the nearest tenth). Increase/Decrease Assets 2019 2018 Amount Percent Current Assets Cash $18,800 $12,900 ??? ??? Accounts Receivable 22,300 18,100 Merchandise Inventory 30,100 25,900 Supplies 5,600 7,600 Total Current Assets 76,800 64,500 Property, Plant, and Equipment Machinery and Equipment 56,000 57,100 Total Assets $132,800 $121,600 Step 1 In horizontal analysis, each item of the current period is compared in dollars and percent with the corresponding item from a previous period. First, the dollar difference between the most recent and previous periods will be found and entered in the Amount column for each entry. If the amount is a decrease, it is entered in parentheses. A horizontal analysis is to be done on the…The cash balance of Muscat Company is 28000 OMR at the beginning of the year. The cash flows during the year are given as follows; Operating cash inflow: 41000 Financing cash outflow: 24000 Investing inflow: 19000 Which of the following is the cash balance at the end of the year. Select one: O a. 74000 O b. 64000 O c. 102000 O d. 52000