Excess cash is an asset that has a(n) ________ due to lost earning power for the company.

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Excess cash is an asset that has a(n) ________ due to lost earning power for the company.

Excess cash is an asset that has a(n) ________ due to lost earning power for the company.
A) cash cost
B) sunk cost
C) erosion cost
D) opportunity cost

Textbook

Financial Management: Core Concepts

Edition: 2^nd

Author: Brooks

Read 424 times

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More solutions for this book are available here

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stranahan Author

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Thank you for the help. I had a few questions on a few of them and this really confirmed my answers.

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