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Question 11 of 39 View Policies Current Attempt in Progress Concord Company has recorded the following items in its financial records. Cash in bank

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Question 11 of 39 View Policies Current Attempt in Progress Concord Company has recorded the following items in its financial records. Cash in bank $48,900 Cash in plant expansion fund 101,900 Cash on hand 12,400 Highly liquid investments 34,900 Petty cash 580 Receivables from customers 93,300 Stock investments 64,100 -/1 The highly liquid investments had maturities of 3 months or less when they were purchased. The stock investments will be sold in the next 6 to 12 months. The plant expansion project will begin in 3 years. (a) What amount should Concord report as "Cash and cash equivalents" on its balance sheet? Cash and cash equivalents $ eTextbook and Media

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