Question: 2. 2. Using the BAT model [LO 19.2] Given the following information, calculate the target cash balance using the BAT model: Annual interest rate 4.5%
2. 2.
Using the BAT model [LO 19.2] 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 1. How do you interpret your answer?
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