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.
Add up all of the minimum monthly payments. These include car payments, student loan payments, bank loans and credit card payments, which are variable. If you have low balances on credit cards, use $15 for a minimum payment. If the balances are large--over $2,000--use 3 to 5 percent of the balance.