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49. MADA CO., the financial analyst of Keep-Fit Health Equipment Company, has a short-term investment yield of 3 percent and transaction cost of 540 per

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49. MADA CO., the financial analyst of Keep-Fit Health Equipment Company, has a short-term investment yield of 3 percent and transaction cost of 540 per transaction. The cash inflows and outflows have traditionally been irregular with a variance of daily net cash flows equal to $39,000 Management of the company wants a desired minimum cash balance of $2,200. The target cash balance, and the upper limit of cash balance is. O a Target cash balance is $4,624 and the upper limit is $6,567 b. Target cash balance is $4,624, and the upper limit is 59.472 De Target cash balance is $5,000 and the upper limit is $9,472 d. Target cash balance is $5,000 and the upper limit is 56,567

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