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Problem 14-23 Optimal Upper Cash Limit (LG14-8) Veggie Burgers, inc. would the to maintain its cash account at a minimum level of $256,000 but expects

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Problem 14-23 Optimal Upper Cash Limit (LG14-8) Veggie Burgers, inc. would the to maintain its cash account at a minimum level of $256,000 but expects the standard deviation in net dolly cosh flows to be $13500, the effective acnual rote on marketoble securties to bo 3.6 percent per year, and the trading cost per sale or purchase of msrketable securities to be $33.00 per transtion. What wil be iss optimal upper cash limit? (Use 365 days a year, Do not round intermediate calculations. Aound your final answer to 2 decimal places.)

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