Which one of the following is a speculative motive for holding cash?
A) Buying extra inventory because a key supplier offered a special one-time discount
B) Paying a $100 bonus to all employees at year-end
C) Paying the annual insurance premium on the firm's assets
D) Needing to purchase a new delivery truck because the old one was totally destroyed in an accident
E) Contributing $1,000 to help fund medical care for an uninsured neighbor
Correct Answer:
Verified
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