Holding zero cash balances can prove extremely beneficial for closely held companies in the long run.

Name: Holding zero cash balances can prove extremely beneficial for closely held companies in the long run.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Holding zero cash balances can be risky for a company as it may not have sufficient funds to meet its operational expenses or to invest in growth opportunities. Having a certain level of cash reserves is important for the financial stability and flexibility of a company.

Holding Zero Cash Balances Can Prove Extremely Beneficial for Closely