Question: During a recent Co-op work placement an Edwards student was puzzled by something the company CFO said in a department email. The CFO said It

During a recent Co-op work placement an Edwards student was puzzled by something the company CFO said in a department email. The CFO said "It is quite important for our company to maintain a minimum cash balance at all times, even when the cost of doing so is greater than the return generated by the funds held in reserve." Discuss this statement.

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