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Question - Sheridan Enterprises Inc. has the following account balances at December 31, 2022:
Cash in bank savings account $63,020
Cash on hand 13,640
Cash refund due re: overpayment of income tax 28,900
Chequing account balance 18,860
Postdated cheques from Yu Corporation 420
Guaranteed investment certificate (180 days to maturity) 82,800
Credit card balance owed by Sheridan 4,600
Required - What amount should Sheridan report as cash and cash equivalents at December 31?
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The annual demand for the product is 10,000 units, and the cost of placing an order is $20. Calculate the carrying cost per unit
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Buttons pays out a property distribution to Jane during the current year with an FMV of $150,000 and an adjusted basis of $130,000. How much is taxable dividend
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