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1. What are the primary reason a firm holds a liquid asset balance? 2. Describe the cost trade-offs associated with maintaining the following. a. Excessive
1. What are the primary reason a firm holds a liquid asset balance?
2. Describe the cost trade-offs associated with maintaining the following.
a. Excessive liquid asset balance
b. Inadequate liquid asset balance
3. Define float and describe the difference between disbursement float and deposit float.
4. Describe the methods available to a firm for expediting the collection of cash.
5. Describe the techniques available to a firm for slowing disbursements.
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