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.
Reward Plus Checking is an interest bearing account with a $500.00 minimum balance required to earn interest each month. $50.00 minimum deposit required to open a checking account. Minimum age requirement to open a checking account is 16, under 18 years requires an adult co-owner.