In the solution to Activity12.16, one of the three reasons for holding cash was to exploit opportunities.
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In the solution to Activity°12.16, one of the three reasons for holding cash was to exploit opportunities. The example was given of the acquisition of a competitor business.
What other types of opportunity could holding cash enable a business to pursue?
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Related Book For 
Management Accounting For Decision Makers
ISBN: 9781292349459
10th Edition
Authors: Peter Atrill, Eddie McLaney
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