Business
Business, 15.04.2020 21:09, robertotugalanp1wlgs

Days' cash on hand of 52 would be considered

a. too high and an indication that the company is not returning profits back to owners.
b. too high and an indication that the company is not investing profits back into the business.
c. too low and would be a cause for concern for creditors.
d. adequate for most businesses.

answer
Answers: 3

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Days' cash on hand of 52 would be considered

a. too high and an indication that the com...

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