Which of the Following Are Short-Term, Very Safe, and Highly

question 39

Multiple Choice

Which of the following are short-term, very safe, and highly liquid assets firms include in the cash holdings they report on their balance sheet?

• A) cash options
• B) cash equivalents
• C) marketable derivatives
• D) intangible assets

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Definitions:

Accounts Receivable

Money owed to a business by its clients or customers for goods or services delivered on credit.

Notes Payable

Written agreements in which one party agrees to pay another party a certain sum of money at a future date or on demand.

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet.

Capital

Financial assets or the resources that businesses use to fund their operations and growth, including cash, properties, and equipment.