Recent financial data for Monterey Corporation are provided below. Income Statement Revenues: Net patient service...
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Recent financial data for Monterey Corporation are provided below. Income Statement Revenues: Net patient service revenue $813,950 Operating Expenses: Medical services Support services General services Depreciation $486,000 127,000 80,500 67,500761,000) 52,950 Operating Income Other Income and Expenses: 32,000 68,000(36,000) Interest income Interest expense Net Income $16,950 Balance Sheet (partial) Cash Net receivables Inventory Other current assets $304,000 153,000 131,000 73,000 $661,000 Total current assets Accounts payable Interest payable Other current liabilities $195,000 10,000 15,000 $220,000 lotal current liabilities What is Days Cash on Hand? (Round final answer to 2 decimal places, e.g., 1.23.)
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