Cash Management Policy rework Problem 15 assuming: a. Wildcat maintains a minimum cash balance of $50 million.
Question:
Cash Management Policy rework Problem 15 assuming:
a. Wildcat maintains a minimum cash balance of $50 million.
b. Wildcat maintains a minimum cash balance of $20 million.
Based on you answer in (a) and (b), do you think the firm can boost its profit by changing its cash management policy? Are there other factors that must be considered as well? Explain.
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a With a minimum cash balance of 50 million the shortterm financial plan will be b And with a minimu...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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