Solution-What are opportunities for buying at a discount

What are opportunities for buying at a discount

Reference no: EM13506888

A consultant recommends that a company hold funds for the following two reasons.

Reason 1: Cash needs can fluctuate substantially throughout the year.

Reason 2: Opportunities for buying at a discount may appear during the year.

The cash balances used to address the reasons given above are correctly classified as

	Reason 1	Reason 2
a.	Speculative balances	Speculative balances
b.	Speculative balances	Precautionary balances
c.	Precautionary balances	Speculative balances
d.	Precautionary balances	Precautionary balances

Reference no: EM13506888

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What are opportunities for buying at a discount

Reference no: EM13506888

Reference no: EM13506888

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