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You are the treasurer of a mid-size industrial manufacturer, your firm’s cash balances

16 / 01 / 2019 Research Papers

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You are the treasurer of a mid-size industrial manufacturer, your firm’s cash balances vary… 1 answer below » You are the treasurer of a mid-size industrial manufacturer, your firm’s cash balances vary between $300,000 and $1,000,000. During the last three board meetings a board member has asked how you protect this cash while it is being lodged in banks or other temporary facilities. Your problem is to satisfy the board member, obtain some income from the cash or cash equivalent balances, and has funds available for immediate payout if required. What course of action do you follow? Jan 14 2016 04:47 AM


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