Discussion - What are the two principal reasons
Question # 00848467
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Updated on: 12/08/2023 08:59 PM Due on: 12/09/2023

Discussion
Respond to the following questions:
- What are the two principal reasons for holding cash? Explain in detail.
- Can a firm estimate its target cash balance by summing the cash held to satisfy each of the two principal reasons? Explain.
- Explain the cash conversion cycle. How is it linked with working capital?
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Solution: Discussion - What are the two principal reasons