Which of the following is not a cash equivalent? a. Short-term U.S. Treasury bill b. Short-term certificate

Question:

Which of the following is not a cash equivalent?

a. Short-term U.S. Treasury bill

b. Short-term certificate of deposit

c. Money-market account

d. IBM common stock

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting For Undergraduates

ISBN: 9781618531124

1st Edition

Authors: Christensen, Theodore E. Hobson, L. Scott Wallace, James S.

See More Books

Question Posted: May 19, 2024 04:03 AM

See More Questions

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
1. Evaluate whether the following statements are true or false in relation to cash and cash equivalents: I. Demand Deposits forms part as cash just like savings and time deposit. II. Stale checks...
Sales for the last 12 months at a company are the following: Actual Sales ($ Month M) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 20 24 27 31 37 7 55 62 4 35 32 29 238438433338 47 53 54 36 a....
Based on Exhibits 5 and 6, the value of the lower one-period forward rate is closest to: A. 3.5122%. B. 3.5400%. C. 4.8037%. Meredith Alvarez is a junior fixed-income analyst with Canzim Asset...
If the water table in Problem 16.7 drops down to 0.5 m below the foundation level, what would be the change in the factor of safety for the same gross allowable load?
Three loads are applied as shown to a light beam supported by cables attached at B and D. Knowing that the maximum allowable tension in each cable is 12 kN and neglecting the weight of the beam,...
Determine the cost of credit by calculating interest using various interest formulas.
Clown Around, Inc., provides party entertainment for children of all ages. The following is the company's trial balance dated February 1, current year. Clown Around engaged in the following...
Chapman company sells its product for $42 per unit. The companys unit product cost, based on the full capacity of 400,000 units is as follows: direct materials $8, direct labor $10, manufacturing...
Which of the following expenses are not added back to net income when using the indirect method to prepare a statement of cash flows? a. Amortization expense b. Depletion expense c. Interest expense...
Taylor Company reports free cash flow of $$15,000,$ total cash of $$18,000,$ net income of $$50,000,$ current assets of $$90,000,$ average current liabilities of $$60,000,$ and cash flow...
Use Equation 37.5 to calculate the average energy of a conduction electron at T = 0 in terms of the Fermi energy. (27/2Tm 32 VE g(E) = (37.5) h3
Solve xy' - 2y = x.
Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $15. At the start of January 2021, VGC's income statement accounts had zero...
Financial data, medical service data, and staffing data are best defined as what type of data
. What is meant by the term "foreign exchange rate"? In general, what causes foreign exchange rates to vary over time? . Do changes in foreign exchange rates benefit or hurt U.S. companies that are...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing...
Explain the following clauses often found in life insurance policies: (a) Multiple indemnity clauses b) Disability clause (c) Suicide clause. Give some examples of common exclusions.
Feller Company purchased a site for a limestone quarry for $100,000 on January 2, 2019. It estimate that the quarry will yield 400,000 tons of limestone. It estimates that its retirement obligation...
This short exercise demonstrates the similarity and the difference between two ways to acquire plant assets. (Click the icon to view the cases.) Compare the balances in all the accounts after making...
Balance sheet and income statement data for two affiliated companies for the current year appear below: BALANCE SHEET As at December 31, Year 6 Albeniz Bach Cash $ 40,000 $ 21,000 Receivables 92,000...
please reference excel cells Caroll Manufacturing company manufactures a single product. During the past three weeks, Caroll's cost accountant observed that output costs varied considerably. The...

Which of the following is not a cash equivalent? a. Short-term U.S. Treasury bill b. Short-term certificate

Question:

Step by Step Answer:

Managerial Accounting For Undergraduates

Students also viewed these Business questions