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Given the following information calculate the target cash balance using

Given the following information, calculate the target cash balance using the BAT model:

Annual interest rate...... 4.5%

Fixed order cost....... $25

Total cash needed....... $10,200

How do you interpret your answer?

Annual interest rate...... 4.5%

Fixed order cost....... $25

Total cash needed....... $10,200

How do you interpret your answer?

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