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nikitadnepr [17]
3 years ago
9

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
Business
1 answer:
LekaFEV [45]3 years ago
6 0
I believe the answer E
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