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Home Q & A Board Other Fields Homework Help Business
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samualson samualson
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Posts: 2459
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6 years ago
A company that has an unpredictable cash flow, and is holding cash because of things that might happen due to this uncertainty, is holding a larger minimum cash balance due to which type of motive?
A) transaction
B) precautionary
C) speculative
D) common sense
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guzmanguzman
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#1
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6 years ago
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samualson Author
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#2
6 years ago
Helps a lot... Now I'm ready for my quiz
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