Homework Answers
(1)
| Cash or Cash Equivalent ( yes or no) | |
| 1 | Yes |
| 2 | No |
| 3 | Yes |
| 4 | Yes |
| 5 | No |
| 6 | Yes |
(2)
| Statements | |
| 1 | False |
| 2 | True |
| 3 | True |
| 4 | False |
| 5 | True |
| 6 | True |
(3)
| Currency located at the company | $1050 |
| Short-term investments that mature within three months | $1950 |
| Balance in savings account | $8500 |
| Checks received from customers but not yet deposited | $650 |
| Coins located at the company | $110 |
| Balance in checking account | $6200 |
| Total | $ 18640 |
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