Cook co. had the following balances at december 31, year 1:
cash in checking account $350,000
cash in money-market account 250,000 u. s.
treasury bill, purchased 12/1/yr 1, maturing 2/28/yr 2 800,000 u. s.
treasury bond, purchased 3/1/yr 1, maturing 2/28/yr 2 500,000
cook’s policy is to treat as cash equivalents all highly liquid investments with a maturity of 3 months or less when purchased.
what amount should cook report as cash and cash equivalents in its december 31, year 1, balance sheet?

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position