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.
Scottrade has a minimum opening account balance of $500, and they charge $7.00 on trades. Fidelity has no minimum amount or balance requirements on their Cash Management Account, but if youâd like to invest, the minimum for a Fidelity Account is $2,500. They charge $7.95 on trades. TD Ameritrade has no minimums to open an account, and charge $9.99 for trades.