The following are held by smite co.: cash in checking account $20,000cash in bond sinking fund account 30,000postdated check from customer dated one month from balance sheet date 250petty cash 200commercial paper (matures in two months) 7,000certificate of deposit (matures in six months 5,000what amount should be reported as cash and cash equivalents on smite’s balance sheet? a. $27,200b. $27,450c. $32,200d. $57,200

Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is

Your sister is thinking about starting a new business. the company would require $375,000 of assets, and it would be financed entirely with common stock. she will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an roe of 13.5%. how much net income must be expected to warrant starting the business? a. $41,234b. $43,405c. $45,689d. $48,094e. $50,625

When many scrum teams are working on the same product, should all of their increments be integrated every sprint?