A corporation has excess cash due to the introduction of a new product. The corporation expects that

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A corporation has excess cash due to the introduction of a new product. The corporation expects that the sales of the product will grow in the upcoming years and would like to reduce costs by combining businesses with a supplier. Would this be an example of investing in a long-term investment, temporary investment, or current operations?

Posted Date: Nov 23, 2021 11:52 AM

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A corporation has excess cash due to the introduction of a new product. The corporation expects that

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long term investment A longterm investment is an account a company plans to keep for at least a year ... View the full answer

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