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13 August, 22:51

What is a cash reserve? (Select the best answer.)

A group of equity investors who give you

money

Money your company owes to debt funders

O Money your company has in the bank

O Interest your company receives on its investments

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  1. 14 August, 01:33
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    Answer: Money your company has in the bank

    Explanation: Cash reserve means money a company keeps in a bank to meet its short term / emergency financial needs.

    Cash is the most liquid form of cash reverse a company can keep. also a company can have short term funds like 3 months treasury bills and short term assets.
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