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Which of the following items is treated as a cash equivalent? a.Commercial paper with a six-month maturity when purchased and four months until maturity at
Which of the following items is treated as a cash equivalent?
a.Commercial paper with a six-month maturity when purchased and four months until maturity at the balance sheet date
b.Investments in corporate bonds that have five years until maturity when they are purchased
c.Investment in corporate stocks that management intends to sell within three months after the balance sheet date
d.Money market funds that can be obtained overnight from a bank or brokerage firm
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