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Current assets are defined as A. cash and cash equivalents B. all assets expected to be quickly used by the firm C. cash and other

Current assets are defined as

A. cash and cash equivalents

B. all assets expected to be quickly used by the firm

C. cash and other assets that the firm expects to sell or consume during the normal operating cycle of a business, usually one year

D. cash and other assets that the firm expects maintain for a period including the normal operating cycle of a business, usually one year.

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