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Kraft Enterprises owns the following assets at December 31, 2014. Cash in banksavings account 68,000 Checking account balance 17,000 Cash on hand 9,300 Postdated checks
Kraft Enterprises owns the following assets at December 31, 2014.
| Cash in banksavings account | 68,000 | Checking account balance | 17,000 |
| Cash on hand | 9,300 | Postdated checks | 750 |
| Cash refund due from IRS | 31,400 | Certificates of deposit (180-day) | 90,000 |
What amount should be reported as cash?
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The Credit Risk Of Complex Derivatives
Authors: Erik Banks
3rd Edition
1403916691, 9781403916693
