Identify If the Following Investments Meet the Requirements to Be

question 16

Essay

Identify if the following investments meet the requirements to be classified as cash and cash equivalents.
$$\begin{array} { | l | l | l | l | } \hline & \begin{array} { c } \text { Cash and } \\\text { cash } \\\text { equivalents } \\\text { (Yes/No) }\end{array} & \begin{array} { c } \text { Readily } \\\text { convertible } \\\text { to cash? } \\\text { (Yes/No) }\end{array} & \begin{array} { c } \text { Risk of change } \\\text { in cash value? } \\\text { (High/Med/Low) }\end{array} \\\hline \text { Chequing account in US dollars. } & & & \\\hline \text { Investment in long-term government bonds. } & & & \\\hline \begin{array} { l } \text { Cash in a sinking fund account for a future } \\\text { re-purchase of common shares. }\end{array} & & \\\hline \begin{array} { l } \text { Investment in a mutual fund that invests in } \\\text { common shares of public corporations. }\end{array} & & \\\hline \begin{array} { l } \text { Term deposit maturing } 100 \text { days after the } \\\text { year-end. }\end{array} & & & \\\hline\end{array}$$

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Definitions:

Bipolar Cells

A type of neuron found in the retina that serves as a relay between photoreceptors (rods and cones) and ganglion cells.

Rods

Photoreceptor cells in the retina of the eye that are highly sensitive to low levels of light, enabling night and peripheral vision.

Intensity

The degree of strength, force, energy, or feeling in a given situation or with respect to a particular attribute.

Wavelength

The distance between successive peaks of a wave, typically used in the context of electromagnetic waves.