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mantparn mantparn
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Posts: 1904
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7 years ago
The excess cash balance is the amount available for investment by a firm if the desired minimum cash balance is less than the period's ending cash.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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mantparn Author
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7 years ago
Whoa I needed this Smiling Face with Open Mouth
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