Is an investment in Treasury bills always classified as a cash equivalent? Explain

What are cash equivalents? Provide two examples. Whyare these items often combined with cash for the purpose ofbalance sheet presentation?

How are refundable deposits and customer advances similar? How do they differ?

Why is cash management important?

What are the differences between cash from operating activities, cash from investing activities, and cash from financing activities?

What is the traditional cash equivalency approach used to determine how below-market-rate loans affect value?

Describe about the Cash rebates obligation.

Which of the following is not a Money Market Instruments? a. Corporate Bonds b. Bankers’ Acceptance c. Bills of Exchange d. Treasury Bills

The statements of financial position for W Limited are as follows: 31 December Non-current assets Land and buildings Cost/valuation Accumulated depreciation Plant and equipment Cost Accumulated depreciation Current assets Inventory Trade receivables Cash and cash equivalents Total Assets Equity and Liabilities Ordinary share capital ($1 shares) Share premium Revaluation reserve Retained earnings Non-current liabilities 12% debenture (2030) Current liabilities Trade payables Bank overdraft 2021 $000 4 1150 201 949 539 326 213 1162 117 135 252 1414 600 120 80 136 936 150 86 242 328 478 1414 2020 $000 650 160 490 454 274 180 670 89 103 37 229 899 400 70 109 579 200 120 120 320 899 Total liabilities Total equity and liabilities The following information is also available. 1 The cost of land and buildings at 31 December 2020 comprised of land $250000 and buildings $400 000. The land, which is not depreciated, had been revalued to $330 000 on 1 July 2021. 2 On 1 March 2021, a final dividend…