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Due to a recent peak in sales during the busy season, a corporation has excess cash. The corporation would like to earn extra income from
Due to a recent peak in sales during the busy season, a corporation has excess cash. The corporation would like to earn extra income from the cash but would like to be able to liquidate the investment into cash if it is needed. Is the corporation looking to invest in its current operations, a temporary investment, or long-term investment?
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Financial Accounting
Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess
9th Edition
032418803X, 978-0324188035
