cash equivalents
Chapter16: Statement Of Cash Flows
Section: Chapter Questions
Problem 8MC: What is the effect on cash when current liabilities increase? A. Cash increases by the same amount....
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Which of the following descriptions do apply to cash equivalents?
Cash equivalents' values change because the interest rate changes.
Cash equivalents are highly liquid.
Cash equivalents are long-term.
Cash equivalents are invested in fixed assets.
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