Most companies invest excess cash in bonds as investments in order to profit long-term from the growth of the investment. True False

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 12MC: The cost of equity is _______. A. the interest associated with debt B. the rate of return required...
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Most companies invest excess cash in bonds as investments in order to profit long-term from the growth of the investment.

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False
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