A minimum cash balance required by a bank is called a. cash in bank b. a cash equivalent c. a ...

Author Question: A minimum cash balance required by a bank is called a. cash in bank b. a cash equivalent c. a ... (Read 86 times)

Capo

Hero Member
Posts: 545

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

Sr. Member
Posts: 308

Reply #1 on: Jul 5, 2018

Answer to Question 1

c

Answer to Question 2

C

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