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Author Question: The excess cash balance is the amount available for investment by a firm if the desired minimum cash ... (Read 156 times)

kshipps

  • Hero Member
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on: Jul 10, 2018
The excess cash balance is the amount available for investment by a firm if the desired minimum cash balance is less than the period's ending cash.
 
  Indicate whether the statement is true or false

Question 2

BTA, Inc. declared a two-for-one stock split. Assuming you presently own 100 shares means that you
 
  A)
 
  will receive another 100 shares.
  B)
 
  will receive 200 more shares.
  C)
 
  will receive two more shares.
  D)
 
  can convert your 100 shares of common stock into 200 shares of preferred stock.


fwbard

  • Sr. Member
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Reply #1 on: Jul 10, 2018
Answer to Question 1

TRUE

Answer to Question 2

A


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