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    Practical Financial Management Study Set 1
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    Exam 16: The Management of Working Capital
  5. Question
    Compensating Balances Can Be Stated as a Percentage of the Loan
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Compensating Balances Can Be Stated as a Percentage of the Loan

Question 28

Question 28

True/False

Compensating balances can be stated as a percentage of the loan outstanding under a line of credit.

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