Cash or cash equivalent? What does each of the small business owners have? Stephen has 3 ten-dollar
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Cash or cash equivalent? What does each of the small business owners have?
- Stephen has 3 ten-dollar bills and 5 singles in the register.
- Ben owns 100 shares of AT&T
- Eunice owns a number of United States T-bills
- Gerald puts $100 a week into savings
- Greg has a note from the Omea Company that states they will pay him $1000 in 90 days.
- Jimmie took $1000 in traveler’s checks with him to Europe.
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