Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A potential risk of a company with a high ratio of cash to noncash assets is: Multiple Choice Management may not be pursuing higher capital
A potential risk of a company with a high ratio of cash to noncash assets is:
Multiple Choice
Management may not be pursuing higher capital spending and growth opportunities.
The company likely is paying higher taxes than it should be
The company likely will not be able to pay dividends in the near future.
Creditors are less likely to lend money to the company.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started