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Cash equivalents refer to: Short-term investments that have a maturity date no longer than three months from the date of purchase.

Cash equivalents refer to:


A. Short-term investments that have a maturity date no longer than three months from the date of purchase.

B. Amounts receivable from customers that have a very high probability of collection.

C. Short-term investments that have increased in value since the date of purchase, and therefore have generated additional cash for the company.

D. The total amount of cash a company would have if all assets were sold.

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