The primary concern in the management of cash and marketable securities for an operating company is to:
a. be profitable.
b. balance liquidity needs against investment opportunities.
c. keep enough cash on hand to buy a competitor if it becomes available.
d. both a and c.
e. all of the above.
a. be profitable.
b. balance liquidity needs against investment opportunities.
c. keep enough cash on hand to buy a competitor if it becomes available.
d. both a and c.
e. all of the above.
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