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Author Question: A minimum cash balance required by a bank is called a. cash in bank b. a cash equivalent c. a ... (Read 175 times)

Capo

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on: Jul 5, 2018
A minimum cash balance required by a bank is called
 a. cash in bank
  b. a cash equivalent
  c. a compensating balance
  d. an EFT

Question 2

Borrowing cash is ________ activity.
 
  A) an operating
  B) an investing
  C) a financing
  D) both an investing activity and a financing


kingfahad97

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Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

C


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