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The use of a compensating balance allows the banker to generate a higher return on a loan because not all funds are actually made available
The use of a compensating balance allows the banker to generate a higher return on a loan because not all funds are actually made available to the borrower
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Essentials Of Accounting For Governmental And Not-for-Profit Organizations
Authors: Paul A Copley
11th Edition
0078025451, 9780078025457
