A cash equivalent is:. A. An investment readily convertible to a known amount of cash.
B. Close to its maturity date but its market value may still be affected by interest rate changes.
C. Generally within 3 years of its maturity date.
D. Is not considered highly liquid. E. Another name for cash.

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.