Question

QUESTION 12 Which of the following is a cash equivalent? Cash in bank. Thirty day treasury...

QUESTION 12

  1. Which of the following is a cash equivalent?

    Cash in bank.

    Thirty day treasury bill.

    Undeposited checks.

    150 day treasury bill.
Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
suppose a 90-day treasury bill has a bank discount yield of 7 percent. Determine its bond...
suppose a 90-day treasury bill has a bank discount yield of 7 percent. Determine its bond equivalent yield and effective annual yield
(1.) a) Suppose that the bank discount yield on a 71-day Treasury bill is 4.86%. What...
(1.) a) Suppose that the bank discount yield on a 71-day Treasury bill is 4.86%. What is the bond equivalent yield on the T-bill? Assume that the face value of the T-bill is $10,00 b) Suppose that your are hired as an investment analyst with an insurance company. On MarketAxess (a ?xed income trading platform), you notice that a bond dealer is quoting a 180-day Treasury bill at a 3.75 bid and 3.60 ask. At price could the T-bill be...
Which of the following would be classified as a? 'cash equivalent'? Answer yes or no a)...
Which of the following would be classified as a? 'cash equivalent'? Answer yes or no a) cash on hand b) cash at the bank c) accounts receivable d) inventory e) accouts payable e) accounts payable f) prepayments g) bank overdraft h) debentures i) deposits at call j) bill receivable (60 days) k) loan receivable (3 months) I) gold bullion
Which of the following would NOT be classified as cash? •coins •undeposited cheques •term deposits •undeposited...
Which of the following would NOT be classified as cash? •coins •undeposited cheques •term deposits •undeposited Visa and Mastercard receipts •cash in the bank held as a “compensating balance” •cash in the bank restricted for a particular purpose (eg. a sinking fund) •cash in a US dollar account •“petty cash” on hand Which of the above would not be valued at its “face” value?
17a. Which one of the following would never be considered a cash equivalent? a. U.S. Treasury...
17a. Which one of the following would never be considered a cash equivalent? a. U.S. Treasury bills b. corporate commercial paper c. money market funds d. common stock issued by a corporation ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 17B. A company receiving payment of a $20,000 accounts receivable within 10 days with terms of 2/10, n/30, would record a sales discount of: a. 10% of $20,000 b. 2% of $20,000 c. (100% - 10%) x $20,000 d. (100% - 2%) x $20,000
12. On June 30, 2018, when an accountant for Harris Co., was preparing the bank reconciliation,...
12. On June 30, 2018, when an accountant for Harris Co., was preparing the bank reconciliation, he/she        found that the company had outstanding checks in the amount of $1,850 and deposits in transit of          $2,000.  Regarding these two items the accountant then took the following action: A.  Made the following entry:             Cash     2,000                         Revenue           2,000             Operating Expense 1,850                         Outstanding Checks 1,850 B. Made the following entry:             Cash     150                         Cash short and Over  150 C. Made the following entry.             Cash     2,000                         Bank Balance   2,000             Operating Expense 1,850                         Cash                 1,850 D....
QUESTION 3 a) Atwei Lomo bought a 182 –Day Treasury Bill with a face value of...
QUESTION 3 a) Atwei Lomo bought a 182 –Day Treasury Bill with a face value of GHS 80,000. Ten(10) to the maturity of the Treasury, she decided to sell it. Interest rate on the Treasury Bill is currently 14.1%. At what price will she sell it? b) 52 days ago, Abu Bonsra bought a 270-day Commercial Paper with a face value of GHS 90,000. If he wants to sell it now and interest rate is currently at 24.5%, at what...
6. The price of a 90-day Treasury bill is quoted as 12.00. What continuously compounded return...
6. The price of a 90-day Treasury bill is quoted as 12.00. What continuously compounded return (on an actual/365 basis) does an investor earn on the Treasury bill for the 90-day period? Suppose that the Treasury bond futures price is 102-20. Which of the following four bonds is cheapest to deliver? Bond Price Conversion Factor 1 126-15 1.2131 2 143-25 1.3792 3 116-23 1.1149 4 145-12 1.4026
Which one of the following is a derivative instruments Question 88 options: futures U.S. Treasury bill...
Which one of the following is a derivative instruments Question 88 options: futures U.S. Treasury bill commercial papers state government bonds.
Annibelle Company provided the following account balances on December 31, 2020: Cash in bank 2,250,000 Cash...
Annibelle Company provided the following account balances on December 31, 2020: Cash in bank 2,250,000 Cash on hand 125,000 Cash restricted for addition to plant expected to be disbursed I 2021 1,600,000 Cash in money market account 750,000 Treasury bill purchased November 1, 2020 maturing January 31, 2021 3,500,000 Treasury bill purchased December 1, 2020 maturing March 31, 2021 2,000,000 Cash in bank included P600,000 of compensating balance against short-erm borrowing arrangement. The compensating balance is not legally restricted as...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT