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.
1 Your next credit card statement balance would then be $3,075, with a minimum payment due of $20. 2  You submit your minimum payment on time and make no new charges on the card. 3  During the next billing cycle, the amount of interest accrued on the card balance is $100.e believe so strongly that it's a good thing to pay higher minimum payments, but the credit card companies have let people get into debt to this degree, where a household with more than $10,000 worth of debt has gotten so used to paying only the minimum payment on a debt, Sherry says.