Business, 21.12.2019 05:31 golffuture666
Rossignol co. manufactures and sells skis and snowboards in france, switzerland and italy, and also maintains a corporate account in frankfurt, germany. rossignol has been setting separate operating cash balances in each country at a level equal to expected cash needs plus two standard deviations above those needs, based on a statistical analysis of cash flow volatility. expected operating cash needs and one standard deviation of those needs are below. rossignol’s frankfurt bank suggests that the same level of safety could be maintained if all precautionary balances were combined in a central account at the frankfurt headquarters. a. how much lower would rossignol’s total cash balances be if all precautionary balances were combined? assume cash needs in each country are normally distributed and are independent of each other.
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How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\
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Rossignol co. manufactures and sells skis and snowboards in france, switzerland and italy, and also...
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