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Title: What is a compensating balance? Post by: meikunn2565 on Jul 7, 2019 What is a compensating balance?
▸ the cash a firm holds in order to pay its bills ▸ the cash a firm places into short-term investments ▸ the cash a firm holds in an account at the bank in order for the bank to perform services for that firm ▸ the cash a firm holds to gain tax advantages Title: What is a compensating balance? Post by: wasan on Jul 7, 2019 Content hidden
Title: What is a compensating balance? Post by: meikunn2565 on Jul 7, 2019 Thanks
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