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Polytechnic State University Sanluis
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Category > Accounting Posted 25 Apr 2017 My Price 3.00

Evaluating Cash Equivalents

Tyson Furniture has $100,000 in excess cash that it wants to invest in one or more cash equivalents. The treasurer has researched two money market accounts and two certificates of deposit (CDs) offered by four major banks. This is the information she gathered:
All of these accounts are FDIC insured for up to $250,000.

Suggest how Tyson Furniture might allocate its $100,000 cash among these four opportunities. Discuss the trade-offs that management must consider.

Answers

Alpha Geek

(8)

Status NEW Posted 25 Apr 2017 06:04 PM My Price 3.00

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