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What are cash equivalents? How does a companys reporting on its cash and cash equivalents affect the statement of cash flows?

Chapter 22, Questions #5
What are “cash equivalents”? How does a company’s reporting on its cash and cash equivalents affect the statement of cash flows?

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Cash equivalents are short-term, highly liquid investments, su…View the full answer

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Intermediate Accounting

Intermediate Accounting

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

ISBN: 978-0324300987

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