What are the three principal reasons that organizations keep cash?
Question:
What are the three principal reasons that organizations keep cash?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
Organizations ...View the full answer
Answered By
Sagar Kumar
I am Mechanical Engineer with CGPA of 3.98 out of 4.00 from Pakistan. I went to Government Boys Degree College, Sehwan for high school studies.
I appeared in NUST Entrance Exam for admission in university and ranked #516. My mathematics are excellent and I have participated in many math competitions and also won many of them. Recently, I participated in International Youth Math Challenge and was awarded with Gold Honor. Now, I am also an ambassador at International Youth Math Challenge,
I have been teaching when I was in 9th class class year 2012. I have taught students from 6th class to university level.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Finance And Accounting For Nonfinancial Managers
ISBN: 9780808046905
5th Edition
Authors: Steven A. Finkler
Question Posted:
Students also viewed these Business questions
-
1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...
-
1.) What are the three key financial statements? Explain their purpose and type of information provided by each. Income Statement - The income statement shows the performance of the company all...
-
In May of 2020 Millbridge Hospital attempted to buy 100,000 N95 protective masks for their employees rather than the 20,000 they would normally need. However, they found that due to the COVID...
-
What personal constructs do you rely on when perceiving the people in this photo?
-
Classify each of the transactions listed in BE13-1 as an operating (O), investing (I), financing (F), or significant noncash investing and financing (NC) activity. If a transaction does not belong in...
-
1. Echoicdefine it and give an example. 2. Manddefine it and give an example. 3. Describe the mand-training procedure Dana used to teach Shreeya to mand. 4. Listener behaviordefine it and give an...
-
Comparing Renting and Buying. Based on the following data, would you recommend buying or renting? Rental Costs Buying Costs Annual rent, $7,380 Insurance, $145 Security deposit, $650 Annual mortgage...
-
As an assistant to Jane Melody, Sonics chief marketing officer, youve been assigned to draft a mission statement for top managements review. This should cover the competitive spheres within which the...
-
Profitability is the only determinants of dividend policy. To what extent you are agreeable to this statement? (1000 words)
-
What is the period of time from which you write a check until it clears your bank account called?
-
What are the most common types of short-term investments?
-
Use the information for Wing Corporation and Sharda Inc. from BE20-23. Assume that Sharda, the lessor, has a June 30 year end. Prepare Sharda's entry on August 15, 2017 and any adjusting entry needed...
-
Give a brief general description of the number of degrees of freedom. A. The number of degrees of freedom for a collection of sample data is the number of unique, non-repeated sample values. The...
-
Suppose you are given a data frame df. df = pd.DataFrame({'Click_ID':['A', 'B', 'C', 'D'], 'Count':[100, 200, 300, 400]}) In many data science projects, you are required to convert a dataframe into a...
-
Which of the following is an essential element of Six Sigma programs? Group of answer choices Setting specific goals for projects. Striving for low levels of Sigma. Striving for low levels of Cp and...
-
Here are summary statistics for randomly selected weights of newborn girls: n = 36, x=3180.6 g, s = 700.5 g. Use a confidence level of 99% to complete parts (a) through (d) below. a. Identify the...
-
The maximum employee earnings on which labour standards plan will be calculated on in 2019 was: Question 1 options: a) 67,500 b) 79,500 c) 86,500 d) 76,500 Question 2 (1 point) Question 2 options:...
-
Why do firms calculate their weighted average cost of capital?
-
The population of Detroit, Michigan, decreased from 1,027,974 in 1990 to 688,701 in 2013 (Source: U.S. Census Bureau). Find the average rate of change in the population of Detroit, Michigan, over the...
-
A stock is expected to pay a dividend of $1.50 at the end of the year (i.e., D 1 = $1.50), and it should continue to grow at a constant rate of 10% a year. If its required return is 14%, what is the...
-
The Hobby Shop has a checking account with a ledger balance of $1,700. The firm has $2,400 in uncollected deposits and $4,200 in outstanding checks. What is the amount of the disbursement float on...
-
An investment will pay you $34,000 in 11 years. If the appropriate discount rate is 6.1 percent compounded daily, what is the present value? (Use 365 days a year. Do not round intermediate...
Study smarter with the SolutionInn App