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.
The minimum payment is also important because it affects how your credit card payments are applied to your balance. Any payment you send in will usually be applied to your minimum payment first, then to either balances with higher APRs first or to balances with lower APRs first.owever, if your statement balance is smaller than the lowest of these calculations â if your balance is $12, for example â then your minimum payment will be the same as your balance.