A bear market is a market where the share prices are falling. The prices are falling because of a decrease in the economic growth or even a sudden natural disaster occurring or even changes in the economic variables, even exchange rate fluctuations.
Answer:
$38,281
Explanation:
The computation of the Cash and Cash Equivalents is shown below:
= Money market fund balance + Cash in bank account + Cash in petty cash fund + U.S. Treasury bill
= $2,920 + $23,731 + $330 + $11,300
= $38,281
This is the answer but the same is not provided in the given options. All other information which is given in the question is not relevant. Hence, ignored it
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