Cash Equivalents

Cash Equivalents

Read: Chapters 9 and 10.

Write: Make sure your response addressing the following question is more than 200 words and you include an in-text citation or a brief quote from the reading material where appropriate.

Explain in your own words what the term cash equivalents means and provide two examples to illustrate your explanation.

Gordon, E. A., Ready, J. S., & Sannella, A. J. (2016). Chapter 9: Short-term operating assets: Cash and receivables (Links to an external site.)Links to an external site. (Links to an external site.)Links to an external site. [Presentation slides]. Retrieved from http://media.pearsoncmg.com/ph/bp/bridgepages/bp_g…