Specter co. combines cash and cash equivalents on the balance sheet. using the following information, determine the amount reported on the year-end balance sheet for cash and cash equivalents.

$7,000 cash deposit in checking account.
$28,000 bond investment due in 20 years.
$7,000 u. s. treasury bill due in 1 month.
$400, 3-year loan to an employee.
$1,800 of currency and coins.
$700 of accounts receivable.
checking account:
bond investment:
u. s. treasury bill:
loan to an employee:
currency and coins:
accounts receivable:
cash and cash equivalents:
expert answer

Suppose the price of frozen yogurt, a substitute for ice cream, increases. what happens to equilibrium price and quantity of ice cream? a. the price and quantity of ice cream both increase b. the price and quantity of ice cream both decrease c. the price of ice cream increases and the quantity decreases d. the price of ice cream decreases and the quantity increases

Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?