Which is not considered as a cash equivalent

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Problem 1: Which of the following is not considered as a cash equivalent?

a. A three-year treasury note maturing on January 31 of next year purchased by the entity on December 1 of the current year.

b. A three-year treasury note maturing on January 31, of next year purchased by the entity on December 1 of the current year

c. A 90-day Treasury bill

d. A 60-day money market placement

Problem 2: Cash payments to acquire equity investments are

a. Cash outflows for financing activities

b. Cash inflows from investing activities

c. Cash outflows for investing activities

d. Cash inflows from financing activities

Reference no: EM132696695

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