Cashmere soap corporation had the following items listed in its trial balance at 12/31/2016:
currency and coins $ 650
balance in checking account 2,600
customer checks waiting to be deposited 1,200
treasury bills, purchased on 11/1/2016, mature on 4/30/2017 3,000
marketable equity securities 10,200
commercial paper, purchased on 11/1/2016, mature on 1/30/2017 5,000
what amount will cashmere soap include in its year-end balance sheet as cash and cash equivalents?
a) $9,450.
b) $12,450.
c) $7,450.
d) $19,650.

Option A.

Explanation:

On 12/31/2016

Currency and coins = $650

Balance in checking account = $2600

Customer checks waiting to be deposited = $1,200

Treasury bills, purchased on 11/1/2016, mature on 4/30/2017 = $3,000

Marketable equity securities = $10,200

Commercial paper, purchased on 11/1/2016, mature on 1/30/2017 = $5,000

We need to find the amount of cash and cash equivalents in its year-end balance sheet.

We need to add Currency and coins, Balance in checking account, Customer checks waiting to be deposited and Commercial paper.

Therefore, the correct option is A.

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

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