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1)Lazard Limited plan to hire you as Finance Controller. Prepare draft cash management models comprising what is cash management , its purpose and two models

1)Lazard Limited plan to hire you as Finance Controller.

Prepare draft cash management models comprising what is cash management , its purpose and two models (i) Baumol model (ii) Millor ORR Model

After 2 years in the Lazard Limited , the company wants to declare dividends you are considering 4 models

a)Walter Model

b)Gordon's Model

c)The Bird in the Hand Argument

d)The Millar - Modigliani (MM) hypothesis Elaborate on your consideration

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