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Financial assets: 1.Consist of cash and cash equivalents.2.Are reported at cost in the balance sheet.3.Include short-term investments in marketable securities and receivables, as well as

Financial assets:

1.Consist of cash and cash equivalents.2.Are reported at cost in the balance sheet.3.Include short-term investments in marketable securities and receivables, as well as cash.4.Are not very productive assets and should be kept to a minimum in a well-managed company.

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