(a) What criteria does P&G use to classify Cash and cash equivalents as reported in its balance sheet? (b) As of June 30, 2007, what balances did P&G have in cash and cash equivalents? What were the major uses of cash during the year? (c) P&G reports no allowance for doubtful accounts, suggesting that bad debt expense is not material for this company. Is it reasonable that a company like P&G would not have material bad debt expense? Explain