In the solution to Activity 12.12, one of the three reasons for holding cash was to exploit

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In the solution to Activity 12.12, one of the three reasons for holding cash was to exploit opportunities. The example was given of the acquisition of a competitor business.

What other types of opportunity could holding some cash enable a business to pursue?

Activity 12.12

Can you think what these reasons may be? Try to think of at least one.

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Accounting And Finance For Non-Specialists

ISBN: 9781292244013

11th Edition

Authors: Eddie McLaney, Peter Atrill

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Question Posted: Mar 14, 2024 01:01 AM

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In the solution to Activity 12.12, one of the three reasons for holding cash was to exploit

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Accounting And Finance For Non-Specialists

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