Rework Problem 19 assuming: a. Wildcat maintains a minimum cash balance of $30 million. b. Wildcat maintains
Question:
a. Wildcat maintains a minimum cash balance of $30 million.
b. Wildcat maintains a minimum cash balance of $10 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.
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Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
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