The definition of a datum is a fact used to make a conclusion or a point of reference in geography or geology. An example of a datum is a new scientific discovery used to reach a conclusion about the common cold.
How do you estimate minimum cash balance for the company? 2 ways I heard about are: 1) keep it equal to cash balance on B/S and 2) based on Net Working Capital. Is any of those methods preferred? Is there any other school of calculation that? And, if NWC method, then what exactly do you include in calculation (like include or excl.
cash balance noun [U]. âº the âamount of âmoney a âcompany has in its âbank âaccount at a particular âtime: The âcompany âreported a âcash âbalance of Â£335m at the end of the second âquarter. See also. target cash balance. (Definition of cash balance from the Cambridge Business English Dictionary Â© Cambridge University Press).