Multiple Choice
Which of the following scenarios is an example of the finance motive to hold cash?
A) A government holds cash to pay for its operating expenses.
B) A taxi company holds cash in reserve in case some of its vehicles require repairs.
C) A company that makes motion pictures holds cash to pay for special effects for a new film.
D) A bank holds cash to pay its shareholders their annual dividend.
Correct Answer:
Verified
Correct Answer:
Verified
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