A what is the definition of a cash equivalent give some, Accounting Basics

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A what is the definition of a cash equivalent give some

Part 1 (Cash and Cash Equivalents)

Instructions
(a) What is the definition of a cash equivalent? Give some examples of cash equivalents. How do cash equivalents differ from other types of short-term investments?
(b) Calculate (1) the current ratio and (2) working capital for each company for 2011 and discuss your results.
(c) Is it possible to have too many liquid assets?

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