Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
meikunn2565 meikunn2565
wrote...
Go to Answer
Posts: 461
Rep: 12 0
5 years ago
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
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
Read 256 times
2 Replies
Replies
Answer verified by a subject expert
wasanwasan
wrote...
#1
Posts: 368
Rep: 64 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

meikunn2565 Author
wrote...
#2
5 years ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1474 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 318
  
 234
  
 257
Your Opinion
Which is the best fuel for late night cramming?
Votes: 231
Previous poll results: Do you believe in global warming?