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What Amount Will Be Included in "Cash and Cash Equivalents

Question 8

Multiple Choice

What amount will be included in "cash and cash equivalents"?  Investment in shares of a public company $12,000 Investment in a money market fund 18,000 Bonds of a publicly traded company 10,000 Two-month U.S. dollar term deposits 24,000\begin{array} { | l | r | } \hline \text { Investment in shares of a public company } & \$ 12,000 \\\hline \text { Investment in a money market fund } & 18,000 \\\hline \text { Bonds of a publicly traded company } & 10,000 \\\hline \text { Two-month U.S. dollar term deposits } & 24,000 \\\hline\end{array}


A) $18,000
B) $22,000
C) $30,000
D) $42,000

Correct Answer:

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