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.
Use a credit card with a $0 balance. If you have multiple types of balances on a credit card-purchases, cash advance, balance transfer-above minimum payments go to the higher rate balance. Meanwhile, the other balance, e.g. purchases, doesn't decline and instead accumulates interest.