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Requlred Information [The following information applies to the questions displayed below.] The following financial assets appeared in a recent balance sheet of Apple Incorporated (dollar
Requlred Information [The following information applies to the questions displayed below.] The following financial assets appeared in a recent balance sheet of Apple Incorporated (dollar amounts are stated in millions): Cash and cash equivalents Marketable securities (short-term investments) Accounts receivable (net of allowance for doubtful accounts of \$58) $2,289 53,892 17,874 Required: d. What types of investments might Apple Incorporated own that are considered cash equivalents? Note: Select all that apply. Check All That Apply Cash (coln and bills on hand) Certlficates of Deposit Investments in high-quality bonds of other companies Investments in stocks of other companies Money Market Account Savings Account U.S. Treasury Bills
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