Multiple Choice
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?
A) Year 2: 251.5; Year 1: 248.5
B) Year 2: 210.1; Year 1: 208.9
C) Year 2: 258.1; Year 1: 265.1
D) Year 2: 215.6; Year 1: 222.9
Correct Answer:

Verified
Correct Answer:
Verified
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