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QUESTION
Prior to the financial recession in the late 2000s, some companies built up significant cash balances.
- Analyze the advantages and disadvantages of having a large cash balance.
- Identify two companies with sizable amounts of cash and liquid investments on their balance sheets.
- Explain why a company would continue to increase their cash and liquid investment balances.
- Support your statements by citing at least three credible resources in addition to the course text.
