Cash Equivalents Systematic Enterprises invested its excess cash in the following instruments… 1 answer below »

Cash Equivalents Systematic Enterprises invested its excess cash in the following instruments… 1 answer below »

Cash Equivalents

Systematic Enterprises invested its excess cash in the following instruments during December

2008:

Required

Determine the amount of cash equivalents that should be combined with cash on the company’s

balance sheet at December 31, 2008, and for purposes of preparing a statement of cash flows for

the year ended December 31, 2008.

 

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