Logistics company had the following items listed in its trial balance at 12/31/19: balance in checking account, bank of the east $ 442,000 treasury bills, purchased on 11/1/19, mature on 1/30/20 20,000 loan payable, long-term, bank of the east $300,000 included in the checking account balance is $50,000 of restricted cash that bank of the east requires as a compensating balance for the $300,000 note. what amount will logistics include in its year-end balance sheet as cash and cash equivalents?

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.