Income statement and balance sheet complement

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1. Why do companies need to hold sufficient cash? Why would cash be considered "king" and how is this reflected in the balance sheet in terms of liquidity and solvency ?

2. You are a Treasury Manager for a multi-national corporation. What options would be available for you to borrow money in the short-term?

3. How and why do the Income Statement and Balance Sheet complement each other in terms of performance and wealth?

Reference no: EM132838997

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