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.
