If a Firm's Ending Cash Balance Exceeds the Desired Minimum

If a firm's ending cash balance exceeds the desired minimum cash balance:

A) the firm has an excess cash balance that it can invest in short-term marketable securities.
B) the firm has a short-term financing need that it can meet using notes payable.
C) the firm has an excess cash balance that it can meet using notes payable.
D) the firm has a short-tern financing need that it can meet using marketable securities.