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What is the relation between the following pair of compounds?
Cash Equivalents
Investments with a short duration, easily turned into cash, and having an original maturity of no longer than three months, which are both highly liquid and quickly convertible into precise cash sums.
Short-Term Receivables
Current assets representing amounts due to be received by a company within a short period, typically within a year, from customers or clients.
Commercial Paper
Commercial paper is an unsecured, short-term debt instrument issued by corporations, typically used for the financing of accounts receivable, inventories, and meeting short-term liabilities.
Days' Cash on Hand Ratio
A liquidity metric that calculates how many days a company can operate using its available cash without external financing.
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