Business, 31.03.2020 18:09, jbrooks4091
Excess cash is cash that is excess to the operations of a company and is considered "negative debt" because the cash could be used to reduce debt. Therefore, there is a cost to excess cash, especially if not reinvested or returned to investors as dividends. True or false?
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Excess cash is cash that is excess to the operations of a company and is considered "negative debt"...
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