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Today at 10:37 AM
Business

Answered

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

Answer :

oreoluwa2001ng oreoluwa2001ng

Today at 10:42 AM

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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