True of False - The British occupied New York City from 1776 to end of the war, and New York was a strategic location between the North and South commercial hub

The statement is true. The British occupied New York City from 1776 to end of the war, and New York was a strategic location between the North and South commercial hub.

Explanation:

The first great battle of the American Revolutionary War, the Battle of Long Island, took place in New York in August 1776. The British victory led them to form their military and political base for military operations in North America in New York City. The city they controlled became a shelter for loyalists supporting the maintenance of British control over the colonies. At the same time, General George Washington established an intelligence network center in New York. Under the Versailles Peace, the last trace of British rule in the former twelve colonies - an army unit stationed in New York - left the United States in 1783. This event, known as the Evacuation Day, was celebrated for several consecutive days.

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keeping a cash reserve because cash flow is the the movement of money through a company and if it just sits there, it wont the movement