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  3. Study Set
    Principles of Managerial Finance
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    Exam 4: Cash Flow and Financial Planning
  5. Question
    The Excess Cash Balance Is the Amount Available for Investment
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The Excess Cash Balance Is the Amount Available for Investment

Question 13

Question 13

True/False

The excess cash balance is the amount available for investment by the firm if the desired minimum cash balance is less than the period's ending cash.

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