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HoracioMo HoracioMo
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7 months ago
Which of the following scenarios is an example of the finance motive to hold cash?

▸ A taxi company holds cash in reserve in case some of its vehicles require repairs.

▸ A government holds cash to pay for its operating expenses.

▸ A company that makes motion pictures holds cash to pay for special effects for a new film.

▸ A bank holds cash to pay its shareholders their annual dividend.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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jordankites45jordankites45
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7 months ago
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HoracioMo Author
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7 months ago
Thank you, thank you, thank you!
derya1234
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Yesterday
Smart ... Thanks!
bkrandy
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2 hours ago
Thanks
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