Most large firms hold a cash balance greater than most models imply because:
A) it is too difficult to estimate the costs of security transactions.
B) banks are compensated by account balances for payment of services.
C) corporations have few bank accounts and it is difficult to manage their cash.
D) cash is costless and need not be managed closely.
E) None of these.
Correct Answer:
Verified
Q14: Which of the following is not an
Q15: Examples of cash disbursements do not include:
A)
Q16: Which of the following money-market securities has
Q17: Marketability risk is synonymous with:
A) maturity risk.
B)
Q18: Firms would need to hold zero cash
Q20: Checks written by the firm are said
Q21: A sensible cash management policy would be
Q22: Which of the following is not true
Q23: If the total long term financing of
Q24: Auction-Rate Preferred Stock has less risk factors
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