Monday, 27 July 2020

Why are cash balances in excess of those needed to finance business operations viewed as relatively nonproductive assets?

Why are cash balances in excess of those needed to finance business operations viewed as relatively nonproductive assets?  Suggest several ways in which these excess cash balances may be utilized more effectively.     
You own a small business. It is a retail clothing outlet. Which inventory valuation method would you use for your business and why?

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