Waterway Industries has the following items at year-end: Cash in bank $46500
Petty cash 550
Short-term paper with maturity of 2 months 9000
Postdated checks 2220
Waterway should report cash and cash equivalents of:.
A) $20,000.
B) $20, 300.
C) $25, 800.
D) $27, 200.
E) $21, 700.

Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.