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Question 23 (2 points) Cash equivalents refer to: Question 23 options: Amounts receivable from customers that have a very high probability of collection Short-term investments

Question 23 (2 points)

Cash equivalents refer to:

Question 23 options:

Amounts receivable from customers that have a very high probability of collection

Short-term investments that have increased in value since the date of purchase, and therefore have generated additional cash for the company

The total amount of cash a company would have if all assets were sold

Short-term investments that have a maturity date no longer than three months from the date of purchase

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