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Cash Flow Answer the following questions. There are four questions. Total points: 18 A) Cash or cash equivalent? What does each of the small business

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Cash Flow Answer the following questions. There are four questions. Total points: 18 A) Cash or cash equivalent? What does each of the small business owners have? 3 points 1. Stephen has 3 ten-dollar bills and 5 singles in the register. 2. Ben owns 100 shares of AT&T 3. Eunice owns a number of United States T-bills 4. Gerald puts $100 a week into savings 5. Greg has a note from the Omea Company that states they will pay him $1000 in 90 days. 6. Jimmie took $1000 in traveler's checks with him to Europe. B) Stan was at his banker's trying to get a short term loan. "I need about $10,000 for three months, just until I get things straightened out. This is my situation: I got this nice order last February from Baker Company. Their bill was due last month, but so far I haven't seen anything. Now I have another big order, this time from Gisher Construction and I need to order raw materials, but I can't since Baker hasn't paid. Even when they do pay, it's only about 75% of what I'll need to order to do the Gisher contract. And then, we're headed into our slow months; no one much does anything through the winter. And with the hurricane down in Florida, people are thinking twice before placing their orders." Stan was experiencing a number of cash flow problems that small businesses (and often larger businesses) face. Can you identify five problems? 5 points C) Stan (from question B) was trying to get a short term loan from his banker to cover a temporary cash flow problem. What are other sources he should consider? 4 points D) Renda is really confused. "I've got three different numbers here and I don't know what is right. My records show that I have $35,463 in the bank, but the bank statement says $37,428. When I called the bank to see about making a transfer payment, they said I had only $34,299 to spend. What is going on?" Can you explain what each of the three balances are typically called AND why they are different

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