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Long-term investments: Multiple Choice Must be readily convertible to cash. Are expected to be converted into cash within one year. Include only equity securities. Can
Long-term investments:
Multiple Choice
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Must be readily convertible to cash.
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Are expected to be converted into cash within one year.
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Include only equity securities.
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Can include funds designated for a special purpose, or investments in land not used in the companys operations.
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Are current assets.
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