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Business, 21.04.2021 02:20 csarge2972
Recent financial data for Monterey Corporation are provided below. Income Statement Revenues: Net patient service revenue$812,125 Operating Expenses: Medical services$492,000 Support services125,000 General services83,800 Depreciation68,700(769,500) Operating Income42,625 Other Income and Expenses: Interest income33,000 Interest expense70,000(37,000) Net Income$5,625 Balance Sheet (partial) Cash$295,000 Net receivables157,000 Inventory132,000 Other current assets71,000 Total current assets$655,000 Accounts payable$197,000 Interest payable12,000 Other current liabilities16,000 Total current liabilities$225,000 What is Days Cash on Hand
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