A formal cash management approach for determining a firm’s optimum cash balance under certainty is called_____ a. Adjusted net income method b. Baumol model c. Receipt and disbursement method d. Miller –Orr model

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter7: Receivables And Investments
Section: Chapter Questions
Problem 7.19MCE
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A formal cash management approach for determining a firm’s optimum cash balance under certainty is called_____
a.
Adjusted net income method
b.
Baumol model
c.
Receipt and disbursement method
d.
Miller –Orr model
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