Question
For an investment to be considered as a cash equivalent, the investment must be a) convertible to a known amount of cash. b) convertible to
For an investment to be considered as a "cash equivalent," the investment must be
a) convertible to a known amount of cash.
b) convertible to cash within 5 years.
c) convertible to cash without loss of value.
d) convertible to cash within 1 year.
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The Oxford Handbook Of Entrepreneurial Finance
Authors: Douglas Cumming
1st Edition
0195391241, 978-0195391244
