At the end of 2012 a company has a $10,000 certificate of deposit that matures in 120

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At the end of 2012 a company has a $10,000 certificate of deposit that matures in 120 days, $60,000 of cash in a checking account, and $100,000 of one-month T-bills.
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At what amount would the company report cash and cash equivalents on its 2012 balance Sheet?
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Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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