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How is a corporation like a person? How are they different? Why might one argue that a corporation is a moral agent?
Miller-Orr Model
A finance model that helps in managing cash flows and cash reserves in a business efficiently.
Cash Flows
The aggregate quantity of cash flowing both in and out of a corporation, impacting its liquid assets.
Target Balance
A predetermined amount of money that a company or individual aims to have in an account at any given time.
Minimum Balance
The least amount of money that a bank requires a customer to have in an account to qualify for specific services or to avoid certain fees.
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