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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Related Book For
Accounting And Finance For Non-Specialists
ISBN: 9781292244013
11th Edition
Authors: Eddie McLaney, Peter Atrill
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