Which of the following would be considered a cash equivalent?
a) accounts receivable
b) accounts payable
c) a money market deposit that earns a fixed 4 per cent rate of return and is repayable on demand
d) shares in a listed company
e) a fixed-term bank deposit of two months.
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
