EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
11th Edition
ISBN: 8220102798878
Author: Ross
Publisher: YUZU
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Chapter 27, Problem 11CQ
Summary Introduction

To describe: The merits and demerits of the use of the excess cash of reducing outstanding debt.

Cash Management:

Cash management refers to managing of cash related activities in the operation of the business as how much cash should be kept in business and how much to be invested in assets.

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