Question: Classify each as a financial asset or an operating asset: 1) Accounts receivable 2) Finance receivables for an automobile firm 3) Cash in 90-day interest-bearing
Classify each as a financial asset or an operating asset: 1) Accounts receivable 2) Finance receivables for an automobile firm 3) Cash in 90-day interest-bearing deposits (cash equivalents) 4) Debt investments held to maturity 5) Short-term equity investments 6) Long-term equity investments held to maturity (these are investments in the operations of another company) 7) Goodwill 8) Lease assets 9) Deferred compensation
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