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Define cash equivalents. O A. Cash equivalents are resources obtained by selling shares of stock to finance company activities and provide a return to shareholders.

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Define cash equivalents. O A. Cash equivalents are resources obtained by selling shares of stock to finance company activities and provide a return to shareholders. O B. Cash equivalents are highly-liquid, short-term investments that can be converted easily to cash with little delay O C. Cash equivalents are illiquid, long-term investments that will take one year or longer to convert to cash. O D. Cash equivalents are resources obtained by borrowing cash from creditors that will be repaid within one year. Click to select your

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