The company's ratio of cash to noncash assets increased in the current year from 20% to 30%? Which of the following represents the most likely reason for this increase?
A) The company maintained operations only in the United States.
B) The company declared a large dividend in the current year.
C) Management forecasts additional operating volatility in future periods.
D) The company acquired additional equipment and buildings for expansion of operations
Answer: Management forecasts additional operating volatility in future periods
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.