Question
Which of the following best describes the precautionary motive for cash holdings? Cash is held to: Group of answer choices Enable the firm to remain
Which of the following best describes the precautionary motive for cash holdings? Cash is held to:
Group of answer choices
Enable the firm to remain liquid despite unforeseen shocks to operating cash flow
Shield the firm from the monitoring provided by capital markets
Meet recurring financial obligations when they are due
Enable the firm to make strategic investments as they arise
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HBR Guide To Finance Basics For Managers
Authors: Harvard Business Review
1st Edition
1422187306, 978-1422187302
