B. 400$...
I actually got 3.999 so I rounded is that acceptable??
During pre-Civil War times in the United States, banks around the country issued bank notes as a form of currency. The large number of banks led to a large number of diverse bank notes that circulated around the country. Although many banks issued only enough bank notes that could be backed up by specie (gold and silver during the time), riskier banks gave into temptation and issued more than they could cover. This practice caused many people to doubt the exact worth of certain notes and in turn have little faith in some banks.
The one that is not considered a liquid investment is: Cookie jar
Even though placing your money on a cookie jar may be the most liquid fund that you have among the options above, it could not be considered as an investment because the amount of money you put in it would not be increased in value
The answer is under $25,000
Answer:
<u>Diesel Additives Company</u>
<u>Current Assets section</u>
Materials inventory 26,800
Work in process inventory 61,100
Finished goods inventory 89,400
Supplies 13,800
Prepaid insurance 9,000
Accounts receivable 348,200
Cash 167,500
Total Current Assets 715,800
Explanation:
Current Assets section of Diesel Additives Company's balance sheet at August 31 is shown above.
