Question: Part ll.Pxoblem-solving anestions, Please show all your work, (6 points each, 30 points total) t. The Cow Pie Spreader Co, spends $214,000 a week to
Part ll.Pxoblem-solving anestions, Please show all your work, (6 points each, 30 points total) t. The Cow Pie Spreader Co, spends $214,000 a week to pay bills and maintains a lower cash balance limis $125,000. The standard deviation of the disbursements is 518,000. The applicable weekly interet rae is 0042 percent and the fixed cost of transferring funds is 531, What is the firm's cash balance target based on the Miller Orr model? A. $151,176.18 B. $168,311.09 C. $172,524.06 D. $154,545.45 B. $158,878.07
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