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

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.

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a With a minimum cash balance of 40 million the shortterm financial plan will be WILDCAT INC ShortTerm Financial Plan in millions Q1 Q2 Q3 Q4 Beginnin... View full answer

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