Question
Books.com spends $32,000 a week to pay bills and maintains a lower cash balance limit of $41,000. The standard deviation of disbursements is $10,100 .
Books.com spends $32,000 a week to pay bills and maintains a lower cash balance limit of $41,000. The standard deviation of disbursements is $10,100 . The applicable interest rate is 3.10 percent and the fixed cost of transferring funds is $29. What is the opportunity cost of holding cash based on the BAT model?
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Im Just A Girl Who Loves Auditing And Coffee
Authors: Michael Happiness
1st Edition
B08HT8643K, 979-8684238604
