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

Question 16

Multiple Choice

Assume Bellini Company holds the following assets at year-end and classifies as cash equivalents everything allowed by professional standards. Assume Bellini 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 Bellini Company? A) $90,000 B) $115,000 C) $135,000 D) $160,000 What would be the total cash equivalents at year-end for Bellini Company?


A) $90,000
B) $115,000
C) $135,000
D) $160,000

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