Answer:
Option A.
Explanation:
On 12/31/2016
Currency and coins = $650
Balance in checking account = $2600
Customer checks waiting to be deposited = $1,200
Treasury bills, purchased on 11/1/2016, mature on 4/30/2017 = $3,000
Marketable equity securities = $10,200
Commercial paper, purchased on 11/1/2016, mature on 1/30/2017 = $5,000
We need to find the amount of cash and cash equivalents in its year-end balance sheet.
We need to add Currency and coins, Balance in checking account, Customer checks waiting to be deposited and Commercial paper.
[tex]Cash=\$650 + \$2,600 + \$1,200 + \$5,000 = \$9,450[/tex]
Therefore, the correct option is A.