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.
Individuals with basic checking needs and a minimum daily Ledger Balance of $1,000 2. Individuals who are looking for a more robust checking account with a minimum daily Ledger Balance of $5,000 2. Individuals with broader personal financial needs with a minimum daily Ledger Balance of $7,500 2