A cash equivalent is:

An investment readily convertible to a known amount of cash.

Close to its maturity date but its market value may still be affected by interest rate changes.

Generally is within 12 months of its maturity date.

Is not considered highly liquid.

Another name for cash.

answer; i believe the correct answer is (4.0);

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

$2.00 for three shots.