如果这被认为是较理想的管理现金的模式,那么有两个问题必须解答:①什么是现金的最佳水平?②它的界限如何划定?下面我们分别回答这两个问题。为了确定现金余额的最佳水平线,我们必须考虑到现金管理的三项变动成本:①交易成本;②损失的机会成本;③现金流量的差异成本。这三项成本中,前两 If this is considered to be the ideal mode of managing cash, then there are two questions that must be answered: 1 What is the best level of cash? 2 How are its boundaries defined? Here we answer these two questions separately. In order to determine the best level of cash balance, we must take into account the three variable costs of cash management: 1 transaction costs; 2 the opportunity cost of the loss; 3 the difference in the cost of cash flow. Of these three costs, the first two