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Business, 07.03.2020 00:18 hannahsambrano12

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

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Answers: 2

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