November, the firm had
A. an excess cash balance of $50,000.
B. an excess cash balance of $75,000.
C. required total financing of $15,000.
D. required total financing of $5,000.
Answer:A
November, the firm had
A. an excess cash balance of $50,000. B. an excess cash balance of $75,000. C. required total financing of $15,000. D. required total financing of $5,000.