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Selected Financial Statement Data for Two Years Ended December 31

question 16

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Selected financial statement data for two years ended December 31 for Carey Co. follow. Assets are reported at their year-end value.
 Year 2  Year 1  Cash $32,500$30,100 Short-term investments 9,40010,200 Operating expenses 72,80070,400 Depreciation expense 12,00011,200\begin{array} { l r r } & \text { Year 2 } & \text { Year 1 } \\\text { Cash } & \$ 32,500 & \$ 30,100 \\\text { Short-term investments } & 9,400 & 10,200 \\\text { Operating expenses } & 72,800 & 70,400 \\\text { Depreciation expense } & 12,000 & 11,200\end{array}
Calculate the days' cash on hand for the two years, rounding all calculations to one decimal place.

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Definitions:

Intervention Process

A structured approach to address and manage a problem or challenge, typically involving planning, execution, and evaluation phases.

Faith-affiliated

Organizations, programs, or activities that are connected to or sponsored by a religious group or faith tradition.

Mission Statement

A formal, concise statement that defines the purpose, goals, and values of an organization.

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Organized structures that facilitate the practice of a particular religion, often providing spaces for worship, community gathering, and religious education.

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