Chapter 9 Cash and Funding Strategies

5.2 Short-term cash investments. 5.2.1 Short-term cash investments are used for temporary cash surpluses. To select an investment, a company has to weigh up three potentially conflicting objectives and the factors surrounding them. 5.2.2 Objectives in the investment of surplus cash (Dec 14) (a) Liquidity – the cash … ................
................