Some high tech firms have billions of dollars of cash in the bank. What does this tell you about these firms?
A) They are charging too high a price for their products and services.
B) They have been able to cut way back on their expenses such as salaries.
C) They have been able to defer a large portion of their income taxes.
D) They are having trouble generation excellent new investment projects.
E) They are in need of better auditing because company's do not have that much cash.
Correct Answer:
Verified
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