Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

Exercise 51

Tyson Furniture has $100,000 in excess cash that it wants to invest in one or more cash equivalents.he treasurer has researched two money market accounts and two certificates of deposit (CDs) offered by four major banks.his is the information she gathered:

All of these accounts are FDIC insured for up to $250,000.
Suggest how Tyson Furniture might allocate its $100,000 cash among these four opportunities.iscuss the trade-offs that management must consider.