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Title: What is a precautionary balance? Post by: achalmers on Jul 7, 2019 What is a precautionary balance?
▸ the cash a firm holds to gain tax advantages ▸ the cash a firm holds to counter the uncertainty surrounding its future cash needs ▸ the cash a firm places into short-term investments ▸ the cash a firm holds in order to pay its bills Title: What is a precautionary balance? Post by: sarahlouhigg on Jul 7, 2019 Content hidden
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