nvestments in equity instruments are financial assets because they are Group of answer choices   Contractual rights to receive cash or another financial asset from another entity.   Cash equivalents.   Contractual rights to exchange financial assets or financial liabilities with another entity under conditions that are potentially favorable to the entity.   Equity instruments of another entity.

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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13.

Investments in equity instruments are financial assets because they are

Group of answer choices
 
Contractual rights to receive cash or another financial asset from another entity.
 
Cash equivalents.
 
Contractual rights to exchange financial assets or financial liabilities with another entity under conditions that are potentially favorable to the entity.
 
Equity instruments of another entity.
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