Huntley Hospital must maintain $3.3 million in a debt service reserve fund maintained by the bond trustee.
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Huntley Hospital must maintain $3.3 million in a debt service reserve fund maintained by the bond trustee. The board members would like to count this balance when determining the amount of cash that they should carry for meeting normal transaction needs. Is this reasonable?
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Related Book For 
Essentials Of Health Care Finance
ISBN: 9781284094633
8th Edition
Authors: William O. Cleverley, James O. Cleverley
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