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Which of the following statements are true of long-term investments? a. On the balance sheet, they are reported with long-term assets. b. They are intended

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Which of the following statements are true of long-term investments? a. On the balance sheet, they are reported with long-term assets. b. They are intended to be converted into cash in the near term. c. They include equity securities intended to be held for several years. d. They can include cash and cash equivalents. They can include assets designated for a special purpose, such as investments in land or other assets not used in operations f. They generally include investments that will mature in less than 3 months. CD

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