State four main motives firms have to hold cash.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
Four main motives for firms to hold cash are Transac...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
Question Posted:
Students also viewed these Corporate Finance questions
-
Four firms located at different points on a river dump various quantities of effluent into it. The effluent adversely affects the quality of swimming for homeowners who live downstream. These people...
-
State your current Cash balance if you have the following information total cash receipts of 624000 a cash balance at the end of the last year of 60000 total cash payments of 540000 cash out flow...
-
State briefly the main reasons why a company may employ a team of accountants.
-
For each transformation below, a C-C bond forming strategy is required to complete the synthesis. (a) Identify the C-C formation strategy that will be effective from the list below and write it on...
-
What is the bad precedent problem in relation to financial bubbles?
-
According to a National Public Transportation survey, the average commuting time for people who commute to a city with a population of 1 to 3 million is 19.0 minutes. Suppose a researcher lives in a...
-
One product produced and sold by Outfitters Inc. is a sleeping bag for which annual projections are as follows: a. Compute the projected pre-tax profit to be earned on the sleeping bags during the...
-
Jack Davis opened a medical practice in Sacramento, California, and had the following transactions during the month of January. Jan. 1 The business received $35,000 cash and issued common stock to...
-
if u know right answer then attempt it and if your answer is incorrect i will down vote The measure of a company's contribution to its customer, based on the entire range of products, services, and...
-
jumbo mountain resort near invermere has long been one of the most controversial tourism developments in bc. proponents claimed that it would add a world-class skiing resort product to the economy....
-
What is the effective annual cost if a firm issues $10 million of 180-day BAs at a quoted rate of 6.5 percent, and the bank charges it a 0.5 percent stamping fee? Compare the effective annual cost of...
-
What is the purpose of credit analysis and how is it accomplished?
-
Table depicts the supply and demand schedules of gloves for Portugal, a small nation that is unable to affect the world price. On graph paper, draw the supply and demand schedules for gloves in...
-
Kesha received a $1600 bonus. She decided to invest it in a 3 year Certificate of deposit (CD) With an annual interest rate of 1.31% compounded quarterly. Round your answers to the nearest cent. (A)...
-
Selected accounts from the SFP of Passen Limited at 3 1 December 2 0 X 8 and 2 0 X 7 are presented below. Passen reported earnings of $ 1 7 2 , 0 0 0 in 2 0 X 8 . There was a stock dividend recorded,...
-
The carrying case would be sold to the end consumer for $ 4 9 . 9 9 . Lisa will not sell directly to the consumer but will use a wholesaler who will sell to a retailer ( e . g . , university...
-
Monie Love Inc. began operations in January 2 0 2 0 and had the following reported net income or loss for each of its 5 years of operations: 2 0 2 0 $ 2 2 5 , 0 0 0 loss 2 0 2 1 $ 1 4 0 , 0 0 0 loss...
-
Obtain the three pK a values of the a-amino acid histidine from Table 27.1. Because there are three pK a values, the dissociation equilibria contain four species. (a) With the species present at low...
-
The following items were displayed in the statement of affairs for Lubbock Company: Fully secured liabilities ......... $90,000 Partially secured liabilities ....... 12,000 Unsecured liabilities...
-
The following information is taken from the trial balance of Petras Pedicure Parlour. Required (a) Given that the cost of the inventory on 30 June 2026 is \($25\) 300, prepare the closing entries on...
-
Diann Company had the following transactions pertaining to stock investments. Feb. 1 Purchased 600 shares of Ronn common stock (2%) for $6,000 cash, plus brokerage fees of $200. July 1 Received cash...
-
Spring Inc. had the following transactions pertaining to investments in common stock . Jan. 1 Purchased 2,500 shares of Angeltide Corporation common stock (5%) for $140,000 cash plus $2,100 brokers...
-
Spring Inc. had the following transactions pertaining to investments in common stock . Jan. 1 Purchased 2,500 shares of Angeltide Corporation common stock (5%) for $140,000 cash plus $2,100 brokers...
-
You buy a house for $220000, and take out a 30-year mortgage at 5.5% interest. For simplicity, assume that interest compounds continuously. A) What will be your annual mortgage payment? $ 14976.17...
-
For the given dataset, produce a table that identifies and justifies the data type (nominal, ordinal, interval, or ratio) for each variable; the table should present the summary statistics (mean,...
-
Hi , Please help 5. Most retailers are currently focusing on expanding their customer base through the development of new products and entering new markets. Analyse the role of procurement and...
Study smarter with the SolutionInn App