Ivestment securities of 10000 these securities are common

Assignment Help Accounting Basics

Reference no: EM13483845

A company reports the following information as of the end of the year.

Investment securities of $10,000. These securities are common stock investments in 30 companies that compose the Dow Jones Industrial average. As a result, the stocks are very actively traded in the market.
Investment securities of $5,700. These securities are U.S. government bonds. The bonds are 30-year bonds; they were purchased on December 31 at which time they had two months to go until they mature.
Cash of $3,400 in the form of coin, currency, savings accounts, and checking accounts.
Investment securities of $6,600. These securities are commercial paper (short-term IOUs from other companies). The term of the paper is nine months; they were purchased on December 31 at which time they had four months to go until they mature.

Using the information, determine the total amount of cash and cash equivalents.

Reference no: EM13483845

Questions Cloud

Examine and discuss the characteristics of npv and the role : in working out your responses to the discussion question you should choose examples from your own experience or find

Combining the following information compute the total : combining the following information compute the total amount of 1 cash flow from investing activities and 2 cash flow

Comment on any trends in the dataobtain a current issue of : obtain a current issue of the federal reserve bulletin or review of copy from the feds web site www.federalreserve.gov

Amazon expected to receive which of the following benefits : amazon expected to receive which of the following benefits when it started its budgeting process?a. the budget provides

Ivestment securities of 10000 these securities are common : a company reports the following information as of the end of the year. investment securities of 10000. these securities

Discuss the issues related to corporate governance and the : discuss the issues related to corporate governance and the practices performed by an independent board of directors who

Under the perpetual inventory system the cost of : 1.a company had sales of 699000 and cost of goods sold of 280000. its gross profit

Rview the legislation of your home stateregioncity in usa : review the legislation of your home stateregioncity in u.s.a that allows the formation of limited liability companies.

Using discounted cash flow models to make capital : using discounted cash flow models to make capital investment decisions.brighton manufacturing is considering three

User Account

All Pages