Selected financial statement data for two years ended December 31 for Carey Co. follow. Assets are reported at their year-end value. 
What is the days' cash on hand for each year?
Definitions:
Monopolistic Competition
A market structure where many firms sell products that are similar but not identical, leading to competition based on product differentiation.
Short Run
A period in economics during which at least one input or factor of production is fixed while others may be variable.
Identical Product
Products that are seen as the same by consumers, with no differentiation between them.
Product Differentiation
Strategies employed by businesses to make their products appear distinct from those of competitors in aspects like quality, design, or other features.
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