Which best describes the cash position of a typical Canadian company?
A) For a typical Canadian company, a large portion of its assets is held in the form of cash, defined as demand deposits and forex.
B) For a typical Canadian company, a small portion of its assets is held in the form of cash, defined as demand deposits and currency.
C) For a typical Canadian company, a small portion of its assets is held in the form of cash, defined as common stock.
D) For a typical Canadian, a small portion of its assets is held in the form of cash, defined as demand deposits bonds.
Correct Answer:
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