Question
What amount will be included in cash and cash equivalents? Euro treasury bills maturing in 140 days $12,000 U.S. treasury bill maturing in 120 days
What amount will be included in "cash and cash equivalents"?
| Euro treasury bills maturing in 140 days | $12,000 |
|---|---|
| U.S. treasury bill maturing in 120 days | 18,000 |
| Bonds of a publicly traded U.S. company | 10,000 |
| U.S. dollars on hand | 24,000 |
A.
$24,000
B.
$54,000
C.
$12,000
D.
$18,000
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
