_____ are safe and highly liquid assets that many firms list with their cash holdings on their balance sheet.
A) Trade credits
B) Marketable derivatives
C) Cash equivalents
D) Cash certificates

Question

Quizplus · Accepted Answer

Cash equivalents are safe and highly liquid assets that are easily convertible to cash and are often listed with cash holdings on a firm's balance sheet.

_____ Are Safe and Highly Liquid Assets That Many Firms