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Which of the following items would be considered a cash equivalent if it was held at the balance sheet date? a. U.S. Treasury bill purchased
Which of the following items would be considered a cash equivalent if it was held at the balance sheet date? a. U.S. Treasury bill purchased when there were 90 days until maturity, b. commercial paper with a 6 month maturity which was purchased at the issue date, c. The common stock d. U.S. Treasury note which matures 2 years after it is issued and which was purchased 4 months before the balance sheet date
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