identify a large company that is currently accumulating a cash hoard, evaluate how the company can...

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Accounting

identify a large company that is currently accumulating a cashhoard, evaluate how the company can use the cash flow statement toproject efficient uses of the cash hoard it has accumulated.Suggest at least two (2) advantages and two (2) disadvantages ofcompanies accumulating cash hoards. Provide a rationale for yoursuggestion.

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Solution A cash hoard is a large amount of available money held on hand by a company Typically this amount is much larger than what would be needed to satisfy shortterm liability obligations The reason for the cash hoard could be anticipation of facilitating future projects or meeting future financial obligations At times carrying a large cash hoard can be used as an insurance policy against downturns in the business A cash hoard held by a company often makes the See Answer

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