ABC Company had excess cash and made the following investment transactions: Treasury Bonds Commercial Paner Time Deposit-BDO Time Derosit -PNB Preference Shares in Delta Corporation Ordinary Shares in Alpha Corporation Both treasury bonds and commercial papers were purchased three months before maturity date. The time deposit with BD0 was just acquired and has a period of one month while the time deposit with PNB was acquired nine months ago and has a remaining term of three months. No other details were obtained in relation to the preference shares and the ordinary shares. P 3.000.000 1.500,000 500,000 500,000 500.000 500.000 How much of the above should be presented as cash and cash equivalent under current assets?
ABC Company had excess cash and made the following investment transactions: Treasury Bonds Commercial Paner Time Deposit-BDO Time Derosit -PNB Preference Shares in Delta Corporation Ordinary Shares in Alpha Corporation Both treasury bonds and commercial papers were purchased three months before maturity date. The time deposit with BD0 was just acquired and has a period of one month while the time deposit with PNB was acquired nine months ago and has a remaining term of three months. No other details were obtained in relation to the preference shares and the ordinary shares. P 3.000.000 1.500,000 500,000 500,000 500.000 500.000 How much of the above should be presented as cash and cash equivalent under current assets?
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter4: Analysis Of Financial Statements
Section: Chapter Questions
Problem 4TCL: CONDUCTING A FINANCIAL RATIO ANALYSIS ON HP INC. Use online resources to work on this chapters...
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