A "cash cow" type of business ____ (A) generates positive cash flows over and above its internal requirements, thus providing a corporate parent with cash flows that can be used for financing new acquisitions, investing in cash hog businesses, and/or paying dividends. (B) is a business with more current assets than current liabilities, no long-term or short-term debt, ample working capital, and plenty of cash on hand. (C) is so profitable that it has no long-term debt. generates unusually high profits and returns on equity investment.(D) is a business with such a strong competitive advantage that it generates big profits, big returns on investment, and big cash surpluses after dividends are paid.

The correct option is: (A) generates positive cash flows over and above its internal requirements, thus providing a corporate parent with cash flows that can be used for financing new acquisitions, investing in cash hog businesses, and/or paying dividends.

Explanation:

A cash cow type of business is the business that produces a steady return of profits, once established and requires little to no maintenance.

It refers to the business that generates positive cash flows which can be used for buying back shares on the market or investing in cash hog businesses or increasing dividends paid to the shareholders.