Explain with reference to the strategies available to the firm for financing its working capital. A company has set the minimum cash balance at Sh.10, 000. The interest rate on marketable able securities is 9% p.a. standard deviation of daily cash flows is sh.2500 and transaction costs. For every sale or purchase of marketable securities is sh. 20. Assume a 360 days year. Required: (i) Compute the target cash balance. (ii) Compute the upper-limit, average cash (iii) State the companys cash decision rule.