Huntley hospital must maintain 33 million in a debt service, Financial Management

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Huntley hospital must maintain 33 million in a debt service

Huntley Hospital must maintain $3.3 million in a debt service reserve fund maintained by the board of trustees. The board members would like to count this balance when determining the amount of cash that they should carry for meeting normal transaction needs. Is this reasonable? Explain

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Financial Management: Huntley hospital must maintain 33 million in a debt service

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Financial Management: Huntley hospital must maintain 33 million in a debt service

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