Selected Financial Statement Data for Two Years Ended December 31

question 16

Essay

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

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Definitions:

Presynaptic Neuron

The neuron that sends a signal across the synaptic gap to a receiving neuron during neurotransmission.

Reuptake

The absorption by a presynaptic nerve ending of a neurotransmitter that it has secreted.

Synaptic Vesicles

Small structures within neurons that store neurotransmitters, which are released into the synaptic cleft to transmit neural signals.

Neurotransmitters

Neurotransmitters are chemicals found in the nervous system that transmit signals across a synapse from one neuron to another, influencing mental processes and behavior.