Which of these is a speculative motive for holding cash? A.Paying a $100 bonus to all employees at year-end B. Paying the annual insurance premium on the firm's assets C. Buying extra inventory because a key supplier offered a special one-time discount D. Needing to purchase a new delivery truck because the old one was totally destroyed in an accident

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 3MCQ
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Which of these is a speculative motive for holding cash?


A.Paying a $100 bonus to all employees at year-end
B. Paying the annual insurance premium on the firm's assets
C. Buying extra inventory because a key supplier offered a special one-time discount
D. Needing to purchase a new delivery truck because the old one was totally destroyed in an accident
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