The Snow Hut has analyzed the carrying and shortage costs associated with its cash holdings and determined that the firm should ideally maintain a cash balance of $3,600.This $3,600 represents which one of the following to the firm?
A) target cash balance
B) concentration balance
C) available balance
D) selected cash amount
E) compensating balance
Correct Answer:
Verified
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A)entails the use of a
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A)amount of cash
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