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Why do companies wish to have financial slack?

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Why do companies wish to have financial slack?

asked May 19, 2021 152k views

2 votes

Why do companies wish to have financial slack?

Business
college

by GDmac

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1 Answer

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This extra money is available to help a company survive difficult times, such as decreases in sales, revenues or profits

Jon Black answered May 25, 2021

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