Intermediate Accounting (16th Edition)

Published by Wiley
ISBN 10: 1118743202
ISBN 13: 978-1-11874-320-1

Chapter 7 - Cash and Receivables - Review and Practice - Using Your Judgment - Financial Statement Analysis Case: Case 1 - Page 380: b

Answer

Cash equivalents can be transformed into particular amounts of money promptly or with ease, and they comprise (a) commercial papers, (b) money markets, and (c) Treasury bills.

Work Step by Step

Cash equivalents can be transformed into particular amounts of money promptly or with ease, and they comprise (a) commercial papers, (b) money markets, and (c) Treasury bills.
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