Baumol's model is not suitable for a firm that experiences:
A) low level of annual cash disbursements.
B) high average cash balance.
C) high cost of selling securities.
D) increased variability of cash flow.
Answer: D) increased variability of cash flow.
Business
You might also like to view...
When one unit charges another unit in the same company for goods it ships to its foreign subsidiaries, the charge is called a(n) ________ price
A) original B) transfer C) margin D) break-even E) customer value
Business
A person charged with a crime in the United States is presumed innocent until proven guilty
Indicate whether the statement is true or false
Business