Question
Here are two statements regarding a firms cash balance. 1) A firm with a large cash balance which it cant do anything with, should return
Here are two statements regarding a firms cash balance.
1) A firm with a large cash balance which it cant do anything with, should return the cash to shareholders.
2) Overdraft interest is generally charged at a low percentage rate
Which is correct?
Group of answer choices
Statement 1
Statement 2
Statements 1 and 2
Neither Statement 1 nor Statement 2.
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Pioneers Of Critical Accounting A Celebration Of The Life Of Tony Lowe
Authors: Jim Haslam, Prem Sikka
1st Edition
113754211X, 9781137542113
