All of the following are valid reasons for a business to hold cash and marketable securities except
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Satisfy compensating balance requirements.
Maintain adequate cash needed for transactions.
Meet future needs.
Earn maximum returns on investment assets.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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