Question

Rework Problem 15 assuming:
a. Wildcat maintains a minimum cash balance of $40 million.
b. Wildcat maintains a minimum cash balance of $20 million.
Based on your answers 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.



$1.99
Sales0
Views82
Comments0
  • CreatedMarch 13, 2014
  • Files Included
Post your question
5000