Why do firms hold cash balances? Why do some firms hold larger cash balances than other firms?

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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Question Posted: Jul 17, 2012 06:14 AM

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Why do firms hold cash balances? Why do some firms hold larger cash balances than other firms?

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Firms hold cash balances to liquidate planned transactions as they occur to cov...View the full answer

Cost Accounting Foundations and Evolutions

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