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.
How to Calculate Credit Card Minimum. Payment and Interest. 1. Find out which method your credit card issuer uses to charge interest. Most credit. card companies use a method called average daily balance. Figure your average. daily balance by adding up the balances on each day (purchases minus payments.