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yarga [219]
2 years ago
14

A cash equivalent is: Multiple Choice Generally within 3 years of its maturity date. Close to its maturity date but its market v

alue may still be affected by interest rate changes. Is not considered highly liquid. Another name for cash. An investment readily convertible to a known amount of cash.
Business
1 answer:
11111nata11111 [884]2 years ago
6 0

Answer:

An investment readily convertible to a known amount of cash

Explanation:

Cash equivalents are items usually recognized in the balance sheet along with cash (then names Cash and cash equivalent) that are readily or easily convertible to cash at an amount that is measurable.

Examples of cash equivalents include commercial papers, bank certificate of deposit, treasury bills usually with a tenor of 3 months or less etc.

Cash equivalents are assets and help improve the company's liquidity.

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In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per 5-day week
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I believe the answer would be C.
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3 years ago
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a) Internal consistency

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3 years ago
The Vitamin Shoppe sells natural vitamins and supplements. Product prices are adjusted frequently to meet the needs of individua
Anna11 [10]

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The longer the time period considered the more the elasticity of supply tends to
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