What are the three motives for holding cash?
What will be an ideal response?
The Transactions Motive: balances held for transaction purposes allow the firm to meet its cash needs that arise in the
ordinary course of doing business. The Precautionary Motive: precautionary balances serve as a buffer. This motive for
holding cash relates to the maintenance of balances used to satisfy possible, but as yet unknown, needs. The
Speculative Motive: cash is held for speculative purposes in order to take advantage of potential profit-making
situations. Construction firms that build private dwellings will, at times, accumulate cash in anticipation of a
significant drop in lumber costs.
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The ________ denotes the change in the predicted value, ?, per unit change in X1 when the other independent variables, X2 to Xk, are held constant
A) partial regression coefficient B) partial correlation coefficient C) part correlation coefficient D) part regression coefficient
Before being interviewed you should:
a. Find out as much as you can about the reporter b. Develop a strategy and stick to it c. Rehearse your message d. A and C e. B and C
One advantage unbranded products have over branded products is that customers will infer a level of quality from the unbranded product that facilitates their purchase decision.
Answer the following statement true (T) or false (F)
Punctuate the sentence correctly. This survey yields some key information for example 89 percent of callers have experienced frustration with our automated telephone system