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wrote...
Posts: 206
A month 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:
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Posts: 249
A month ago
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the cash a firm holds in order to pay its bills
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A month ago
This calls for a celebration Person Raising Both Hands in Celebration
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