Using the BAR Model given the following information, calculate the target cash balance using the BAT model:
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Using the BAR Model given the following information, calculate the target cash balance using the BAT model: how do you interpret your answer?
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Annual interest rate 7% Fixed order cost $25 Total cash needed $9,000
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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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