Asked by Jordan Canales on Jul 22, 2024

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Corporations invest in other companies for all of the following reasons except to

A) house excess cash until needed.
B) generate earnings.
C) meet strategic goals.
D) increase trading of the other companies' stock.

Strategic Goals

Long-term, broadly defined targets an organization sets to achieve its vision and mission.

  • Comprehend the reasoning and driving factors for business investments.
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TN
Trâm Nguy?nJul 28, 2024
Final Answer :
D
Explanation :
Corporations usually invest in other companies to house excess cash until needed, generate earnings, or meet strategic goals. However, increasing trading of the other companies' stock is not a common reason for corporations to make investments.