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Assume Young Company Holds the Following Assets at Year-End and Classifies

Question 45

Multiple Choice

Assume Young Company holds the following assets at year-end and classifies as cash equivalents everything allowed by professional standards.
Assume Young Company holds the following assets at year-end and classifies as cash equivalents everything allowed by professional standards. What would be the total cash equivalents at year-end for Young Company? A) $80,000 B) $100,000 C) $120,000 D) $140,000
What would be the total cash equivalents at year-end for Young Company?


A) $80,000
B) $100,000
C) $120,000
D) $140,000

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