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DragoxCM16 DragoxCM16
wrote...
Posts: 359
3 months ago
What is a transactions balance?

▸ the cash a firm holds to counter the uncertainty surrounding its future cash needs

▸ the cash a firm holds to gain tax advantages

▸ the cash a firm holds in order to pay its bills

▸ the cash a firm places into short-term investments
Textbook 

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
Read 160 times
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jackjohnson74jackjohnson74
wrote...
Posts: 322
3 months ago
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the cash a firm holds in order to pay its bills
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3 months ago
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