What amount will be included in "cash and cash equivalents"? $$\begin{array} { | l | r | }
\hline \text { Treasury bills maturing in } 101 \text { days } & \$ 12,000 \
\hline \text { Six-month U.S. term deposit } & 18,000 \
\hline \text { Bonds of a publicly traded U.S. company } & 10,000 \
\hline \text { U.S. treasury bill maturing in } 120 \text { days } & 24,000 \
\hline
\end{array}$$

Question

What amount will be included in "cash and cash equivalents"? $$\begin{array} { | l | r | } 
\hline \text { Treasury bills maturing in } 101 \text { days } & \$ 12,000 \
\hline \text { Six-month U.S. term deposit } & 18,000 \
\hline \text { Bonds of a publicly traded U.S. company } & 10,000 \
\hline \text { U.S. treasury bill maturing in } 120 \text { days } & 24,000 \
\hline
\end{array}$$

Quizplus · Accepted Answer

Cash and cash equivalents typically include short-term, highly liquid investments with original maturities of three months or less. None of the given options meet this criterion.

What Amount Will Be Included in "Cash and Cash Equivalents