1. The definition of minimum operating cash is

a.The amount to begin the period with to make sure the firm doesnt have a cash shortage or excess cash.

b.The least amount of cash a firm should have on hand at all times.

c.The amount a firm converts from marketable securities to to cash when its level of cash hits 0.

d.None of the answers is correct.

2. The definition of EOQcash is

a. The amount to begin the period with to make sure the firm doesnt have a cash shortage or excess cash.

b.The least amount of cash a firm should have on hand at all times.

c.The amount a firm converts from marketable securities to to cash when its level of cash hits 0 or a lower limit.

d.None of the answers is correct.