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Prior to the financial recession in the late 2000s, some companies built up significant cash balances. Since that time some companies have continued to increase
Prior to the financial recession in the late 2000s, some companies built up significant cash balances. Since that time some companies have continued to increase their cash and liquid investment balances and a discussion followed over the value of accumulating large cash balances. Research the topic and answer the following questions in your write-up.
- Analyze the advantages and disadvantages of having a large cash balance.
- What two companies with sizable amounts of cash and liquid investments on their balance sheets?
- Please explain why a company would continue to increase their cash and liquid investment balances.
- Support your statements with credible resources.
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