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Use the following information to answer this question: What should the cash return level be according to the Baumol model? Annual disbursements $ 6,000,000 Fixed
- Use the following information to answer this question: What should the cash return level be according to the Baumol model?
Annual disbursements $ 6,000,000
Fixed per-transaction cost $ 7X
Short-term interest rates 12%
Lower cash limit $ 0
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Cost And Management Accounting An Introduction
Authors: Colin Drury
7th Edition
1408032139, 978-1408032138
